The compound interest on Rs. 4,000 at the rate of 5% p.a. is Rs. 630.5 – McqOptions

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1.	The compound interest on Rs. 4,000 at the rate of 5% p.a. is Rs. 630.50, then the time period is:
A.	\(1 \dfrac{1}{2}\) years
B.	2 years
C.	\(3 \dfrac{1}{2}\) years
D.	3 years
Answer» E.

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