A sum of 6,000 is deposited for 3 years at 5% per annum compound interest (compoundedannually). The difference of interests for 3 and 2 years will be

A sum of 6,000 is deposited for 3 years at 5% per annum compound inter

1.	A sum of 6,000 is deposited for 3 years at 5% per annum compound interest (compounded annually). The difference of interests for 3 and 2 years will be
A.	75.00
B.	30.75
C.	330.75
D.	375.00
Answer» D. 375.00

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A sum of 6,000 is deposited for 3 years at 5% per annum compound interest (compoundedannually). The difference of interests for 3 and 2 years will be

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A sum of 6,000 is deposited for 3 years at 5% per annum compound interest (compounded
annually). The difference of interests for 3 and 2 years will be