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If the compound interest rate is 4% in the first year, 5% in the second year and 6% in the third year So what will be the 3 year compound interest of ten thousand rupees? |
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Answer» Answer: CORRECT Answer is 1575.20 Step-by-step explanation: If the RATE of interest be 4% per annum for first YEAR, 5% per annum for second year and 6% per annum for third year, then the compound interest of 10000 Rs. for 3 years will be : [A]1575.20 Rs. [B]1600 Rs. [C]1625.80 Rs. [D]2000 Rs. 1575.20 Rs. |
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