A sum amounts to 9680 in 2 years and to 10648 in 3 years compounde – McqOptions

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1.	A sum amounts to 9680 in 2 years and to 10648 in 3 years compounded annually. Find the principal and the rate of interest per annum.
A.	12% ; 7500
B.	10% ; 8000
C.	11% : 11000
D.	None of these
Answer» C. 11% : 11000

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