Mathematics · Compound Interest
If the principal amount is Rs. 5000, the interest rate is 9% per annum compounded annually, and the time period is 3 years, what is the total accumulated amount at the end of 3 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 6475.14✓
- 2Rs. 6315.24
- 3Rs. 6425.24
- 4Rs. 6365.14
Correct answer
Rs. 6475.14
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