Class 8 Math MCQs – Certification Test 253

Compound Interest Trivia (Question 253) – App & e-Book Download

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MCQ 253: Jane invests $15000 at 5% per annum compound interest which is compounded daily. If a year is equal to 365 days then the amount at the end of fifth day is:

$15,010.28
$18,010.28
$16,010
$14,010

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