Question

A fixed deposit of 8,000 grows on a Cl at
5% per annum. The deposit becomes 8,820
(a) 1 year
(c) 4 years
(b) 1.5 years
(d) 2 years​

Answer 1

Step-by-step explanation:

A fixed deposit of 8,000 grows on a Cl at

5% per annum. The deposit becomes 8,820

(a) 1 year

(c) 4 years

(b) 1.5 years

(d) 2 years✔️✔️

Answer 2

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(d) 2 years

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