Mathematics · Compound Interest
What sum will amount to Rs. 6352.50 in 2.5 years at a 10% annual rate of compound interest, when compounded annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5000✓
- 2Rs. 4500
- 3Rs. 4000
- 4Rs. 5500
Correct answer
Rs. 5000
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