Mathematics · Compound Interest
What is the present value of ₹ 20,160 payable in 2 years at 20% per annum compound interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 9,000
- 2₹ 8,000
- 3₹ 14,000✓
- 4₹ 15,000
Correct answer
₹ 14,000
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