Question

A person invests a sum of money in a bank at a certain rate of interest. The interest earned at the end of the second and third years are Rs. 7,200 and Rs. 8,640, respectively. If the interest is compounded annually, find the interest earned at the end of the fourth year.

A Rs.10,468
B Rs.10,368
C Rs.12,468
D Rs.9,300
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