If Rs. 10000 amounts to Rs. 11664 invested in compound interest (compo – McqOptions

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1.	If Rs. 10000 amounts to Rs. 11664 invested in compound interest (compounded annually) for two years then the annual rate of compound interest is
A.	10%
B.	9%
C.	8%
D.	6%
Answer» D. 6%

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