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Question

COMPOUND INTEREST

Prasanth invested an amount of Rs.15000 for three years. Find the rate of compound interest that will fetch him an amount of Rs. 4425.435  at the end of three years?

  • 6% P.A
  • 7% P.A
  • 8% P.A
  • 9% P.A
  • none of the above
Answer- D

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