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A sum of is invested at per annum compounded annually. What will be the amount after ?

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

The formula for compound interest amount is:


Given:

* Principal () =
* Rate () =
* Time () =

Substitute the parameters into the formula:











The total amount accumulated after will be .

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A sum of is invested at per annum compounded annually. What will be the amount after ?
A
B
C
D

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