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Q: Geeta deposited a certain sum of money in her bank account, which amount to `27,783 at 5% per annum in 3 years, the interest being compounded annually. How much money did he deposited?
  • A. `26,000
  • B. `25,000
  • C. `24,000
  • D. `25,500
Correct Answer: Option C -
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Explanations:

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