alleryStart learning →At 10% compounded yearly, Rs 2,000 grows to what value in 3 years?
ARs 2,662
BRs 2,500
CRs 2,600
DRs 2,640
Answer & Solution
Correct answer: A. Rs 2,662
2,000 x 1.1^3 = 2,000 x 1.331 = Rs 2,662.
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