The compound interest on Rs. 10 lakh at 8% per annum is Rs. 2,59,712. – McqOptions

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1.	The compound interest on Rs. 10 lakh at 8% per annum is Rs. 2,59,712. When interest is compounded yearly then the time period is -
A.	2 years
B.	3 years
C.	4 years
D.	5 years
Answer» C. 4 years

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