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An amount of Rs.8000 is invested at an annual interest rate of 8%, compounded annually. How much interest is earned after 2 years?a)Rs.640b)Rs.1280c)Rs.1536d)Rs.1024Correct answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about An amount of Rs.8000 is invested at an annual interest rate of 8%, compounded annually. How much interest is earned after 2 years?a)Rs.640b)Rs.1280c)Rs.1536d)Rs.1024Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An amount of Rs.8000 is invested at an annual interest rate of 8%, compounded annually. How much interest is earned after 2 years?a)Rs.640b)Rs.1280c)Rs.1536d)Rs.1024Correct answer is option 'D'. Can you explain this answer?.

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