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A sum invested for 3 years at the rate of 15% p.a. compounded annually will fetch a compounded interest of Rs. 8.334. The sum is 
  • a)
    Rs. 16,000 
  • b)
    Rs. 15,000 
  • c)
    Rs. 18,000 
  • d)
    Rs. 19,000 
Correct answer is option 'A'. Can you explain this answer?
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A sum invested for 3 years at the rate of 15% p.a. compounded annually...
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A sum invested for 3 years at the rate of 15% p.a. compounded annually will fetch a compounded interest of Rs. 8.334. The sum isa)Rs. 16,000b)Rs. 15,000c)Rs. 18,000d)Rs. 19,000Correct answer is option 'A'. Can you explain this answer?
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A sum invested for 3 years at the rate of 15% p.a. compounded annually will fetch a compounded interest of Rs. 8.334. The sum isa)Rs. 16,000b)Rs. 15,000c)Rs. 18,000d)Rs. 19,000Correct answer is option 'A'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about A sum invested for 3 years at the rate of 15% p.a. compounded annually will fetch a compounded interest of Rs. 8.334. The sum isa)Rs. 16,000b)Rs. 15,000c)Rs. 18,000d)Rs. 19,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum invested for 3 years at the rate of 15% p.a. compounded annually will fetch a compounded interest of Rs. 8.334. The sum isa)Rs. 16,000b)Rs. 15,000c)Rs. 18,000d)Rs. 19,000Correct answer is option 'A'. Can you explain this answer?.
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