Mathematics · Compound Interest
If the principal amount is ₹3,000, the interest rate is 7% per annum compounded annually, and the time period is 2 years, what is the total amount at the end of 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹3,433.7
- 2₹3,454.7
- 3₹3,434.7✓
- 4₹3,444.7
Correct answer
₹3,434.7
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