Question:The amount of Tk. 7500 at compound interest at 4% per annum for 2 years, is:
A Tk. 7800 B Tk. 8100 C Tk. 8112 D Tk. 8082
+ AnswerC
+ ExplanationAmount = Tk. `[ 7500 xx (1 + 4/100)^2]` = Tk. `( 7500 xx (26)/(25) xx (26)/(25))` = Tk. 8112
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