A certain sum when invested at 5% interest compounded annually for 3 y – McqOptions

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1.	A certain sum when invested at 5% interest compounded annually for 3 years yields an interest of Rs.2522. Find the Principal?
A.	Rs. 12,522
B.	Rs. 15,200
C.	Rs. 16,000
D.	Rs. 17,200
Answer» D. Rs. 17,200

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