Mathematics · Compound Interest
If the principal amount is Rs. 2000, the interest rate is 3% per year compounded annually, and the time period is 2 years, what is the total amount after 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2121.8✓
- 2Rs. 2211.8
- 3Rs. 2320
- 4Rs. 2120
Correct answer
Rs. 2121.8
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