Mathematics · Compound Interest
Find the compound interest, compounding annually on ₹75,000 for 3 years, if the rate of interest is 5% for the first year, 6% for the second year and 8% for the third year.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹15,260
- 2₹15,160
- 3₹15,153✓
- 4₹15,150
Correct answer
₹15,153
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