Mathematics for FinancePYQ Jun 19Question 1194 of 422
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If $P = P 2,96$, and $R = 8\%$ compounded annually then $P =$

Options

A$P 14,000$
B$P 15,000$
C$P 16,000$
D$P 17,000$
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Correct Answer

Option d$P 17,000$

All Options:

  • A$P 14,000$
  • B$P 15,000$
  • C$P 16,000$
  • D$P 17,000$

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