Mathematics · Compound Interest
If interest is compounded annually, what will be the compound interest on a principal amount of ₹18,000 for two years at an annual rate of 20%?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 18,100
- 27,960
- 38,150
- 47,920✓
Correct answer
7,920
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