A sum becomes 2,916 in 2 years at 8% per annum compound interest. Th – McqOptions

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1.	A sum becomes 2,916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be
A.	600
B.	675
C.	650
D.	625
Answer» C. 650

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