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Q: A sum of 18,000 is lent at 10% p.a. compound interest, compounded annually. What is the difference between the compound interest for 3rd year and 4th year ?
  • A. ` 215.40
  • B. ` 217.80
  • C. ` 220.60
  • D. ` 221.80
Correct Answer: Option B -
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Explanations:

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