Mathematics · Compound Interest
What will be the compound interest (compounding annually) on a sum of Rs. 9,000 at the rate of 32% per annum for 2 years?
- 1Rs. 6,681.6✓
- 2Rs. 6,790.7
- 3Rs. 6,908.3
- 4Rs. 6,400.4
Correct answer
Rs. 6,681.6
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