If Rs. 10000 amounts to Rs. 11664 invested in compound interest(compou – 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.	0.1
B.	0.09
C.	0.08
D.	0.06
Answer» D. 0.06

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