If the rate of interest be 4% per annum for first year, 5% per annum f – McqOptions

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1.	If the rate of interest be 4% per annum for first year, 5% per annum for second year and 6% per annum for third year, then the compound interest of 10,000 for 3 years will be
A.	1,600
B.	1,625.80
C.	1,575.20
D.	2,000
Answer» D. 2,000

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