A certain sum, invested at 4% per annum compound interest, compounded – McqOptions

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1.	A certain sum, invested at 4% per annum compound interest, compounded halfyearly, amounts to 7,803 at the end of one year. The sum is
A.	7,000
B.	7,200
C.	7,500
D.	7,700
Answer» D. 7,700

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