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Q: 2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is: |
A. | 338688 |
B. | 342648 |
C. | 326400 |
D. | 334800 |
Answer» E. | |