1.

In how many years will 2,000 amounts to 2,420 at 10% per annum compound interest?

A. 3 years
B. <table><tr><td rowspan="2">2</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table>
C. 2 years
D. <table><tr><td rowspan="2">1</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table>
Answer» D. <table><tr><td rowspan="2">1</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table>


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