Mr. Devesh borrowed Rs.4,500 at 4% per annum compound interest. The co – McqOptions

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1.	Mr. Devesh borrowed Rs.4,500 at 4% per annum compound interest. The compound interest compounded annually for 2years is
A.	Rs. 367.2
B.	Rs. 4867.2
C.	Rs. 4876.2
D.	Rs.376.2
Answer» B. Rs. 4867.2

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