A sum of money amounts to 4,840 in 2 years and to 5,324 in 3 years – McqOptions

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1.	A sum of money amounts to 4,840 in 2 years and to 5,324 in 3 years at compound interest compounded annually. The rate of interest per annum is :
A.	10%
B.	9%
C.	11%
D.	8%
Answer» B. 9%

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