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Compound Interest Set 4
Question No:
1
A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year
Rs.5624.32
Rs.5423
Rs.5634
Rs.5976
namrata
good
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