An amount of money at compound interest grows up to 3,840 in 4 years – McqOptions

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1.	An amount of money at compound interest grows up to 3,840 in 4 years and up to 3,936 in 5 years. Find the rate of interest.
A.	2.5%
B.	2%
C.	3.5%
D.	2.05%
Answer» B. 2%

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