Question

a certain sum amounts to 11979 in 1 1/4 years at 24 % per annum interest compound 5 monthly what will be the compound interest on the same sum of 10% per annum in 2 2/5 years be if the interest in compounded annually?
1)2416
2)2284
3)2326
4)2356​

Answer 1

Answer:

2)2284

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