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      Question

      A person invested 6,000 in a bank at compound interest

      compounded annually. After 3 years, the sum became 7,986. What was the rate of interest?
      A 8% Correct Answer Incorrect Answer
      B 10% Correct Answer Incorrect Answer
      C 12% Correct Answer Incorrect Answer
      D 15% Correct Answer Incorrect Answer

      Solution

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