Ranjan borrows Rs 7500 at an annual compound interest rate of 4%. What – McqOptions

MCQOPTIONS

1.	Ranjan borrows Rs 7500 at an annual compound interest rate of 4%. What will be the compound interest for 2 years while the interest is compounded annually?A. 612 rupeesB. 8112 rupeesC. 8121 rupeesD. 621 rupees
A.	C
B.	B
C.	A
D.	D
Answer» D. D

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