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Q: Khan lends an amount of `10,000 to Irfan at 10% per annum compound for 5 year, compounded annually. What is the compound interest accrued for the 4th year?
  • A. ` 1,762
  • B. ` 1,540
  • C. ` 1,331
  • D. ` 1,745
Correct Answer: Option C -
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Explanations:

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