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What sum of money at compound interest w...

What sum of money at compound interest will amount to Rs.4630.08 in three years if the rate of interest is 4% for the first year, 5% for the second year and 6% for the third year?

A

Rs 4,500

B

Rs 4,800

C

Rs 4,000

D

Rs 3,500

Text Solution

Verified by Experts

The correct Answer is:
C
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