Mathematics · Compound Interest
If ₹5,000 is invested for a period of three years at 20% compound interest per annum, compounded annually, what will be the total amount received after 3 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹8,640✓
- 2₹8,680
- 3₹8,000
- 4₹8,480
Correct answer
₹8,640
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