R

Ranjeet • 34.60K Points
Instructor I Math

Q. A sum of 8000 will amount to 8820 in 2 years if the interest is calculated every year. The rate of compound interest is ?

  • (A) 6%
  • (B) 7%
  • (C) 3%
  • (D) 5%
  • Correct Answer - Option(D)
  • Views: 50
  • Filed under category Math

No solution found for this question.
Add Solution and get +2 points.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.


Question analytics