Mathematics · Compound Interest

Find the amount obtained on Rs. 625 for 2 years at 4% per annum compound interest, where interest is compounded annually.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 675
2Rs. 767
3Rs. 676✓
4Rs. 756

Correct answer

Rs. 676

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Find the amount obtained on Rs. 625 for 2 years at 4% per annum compound interest, where interest is compounded annually.

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Find the amount obtained on Rs. 625 for 2 years at 4% per annum compound interest, where interest is compounded annually.

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