A sum of Rs. 8,000 is deposited for 3 years at 5% per annum compound i – McqOptions

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1.	A sum of Rs. 8,000 is deposited for 3 years at 5% per annum compound interest (compounded annually). The difference of interest for 3 years and 2 years will be_x005F_x000D_
A.	Rs. 387
B.	Rs. 441
C.	Rs. 469
D.	Rs. 503
Answer» C. Rs. 469

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