Mathematics · Compound Interest
A sum of Rs. 5,000 is invested at 8% per annum compound interest, compounded annually for 2 years. What is the total maturity amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5,832✓
- 2Rs. 5,800
- 3Rs. 5,700
- 4Rs. 5,900
Correct answer
Rs. 5,832
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