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Q: A certain sum of money was lent for a period of 1 year 9 month at a rate of 10% per annum compounded annually. If the compound interest is `1460. Find the amount of money lent.
  • A. `8,000
  • B. `6,000
  • C. `7,500
  • D. `8,200
Correct Answer: Option A -
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Explanations:

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