Mathematics · Compound Interest
Geeta deposited Rs. 64,000 in a bank at 5% p.a. compound interest compounded annually. Find the interest earned after 1 year 6 months.
- 1Rs. 4,880✓
- 2Rs. 4,800
- 3Rs. 4,850
- 4Rs. 4,900
Correct answer
Rs. 4,880
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