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Reported Question / Answer
Q.) Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?
1)
Rs. 8620
2)
Rs. 8600
3)
None of these
4)
Rs. 8820
5)
NULL
Answer :
4
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