Mathematics · Compound Interest
If the amount on a certain principal in 3 years at a 12% rate of interest compounded annually is Rs. 1,20,000, what will be the amount (in Rs.) after the 4th year?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11,48,500
- 21,34,400✓
- 31,54,400
- 41,43,300
Correct answer
1,34,400
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