Mr. Arun borrowed Rs. 6500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is:

Mr. Arun borrowed Rs. 6500 at 4% per annum compound interest. The comp

1.	Mr. Arun borrowed Rs. 6500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is:
A.	Rs. 530.4
B.	Rs. 7300.4
C.	Rs. 503.4
D.	Rs. 7030.4
Answer» B. Rs. 7300.4

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Mr. Arun borrowed Rs. 6500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is:

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