Adam borrowed some money at the rate of 6% p.a. for the first two year – McqOptions

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1.	Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the next three years , and at the rate of 14% p.a. for the period beyond five years.If he pays a total interest of Rs. 11, 400 at the end of nine years how much money did he borrow?
A.	10000
B.	15000
C.	12000
D.	20000
Answer» D. 20000

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