Mathematics · Compound Interest
What is the principal amount that will yield a total amount of Rs. 4,913 in 3 years at 614% per annum compound interest, compounded annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 4,085
- 2Rs. 4,076
- 3Rs. 3,096
- 4Rs. 4,096✓
Correct answer
Rs. 4,096
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