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Question
. What will be compounded amount?
I. Rs. 200 was borrowed for 192 months at 6% compounded annually.
II. Rs. 200 was borrowed for 16 years at 6%.
Options:
A .  I alone sufficient while II alone not sufficient to answer
B .  II alone sufficient while I alone not sufficient to answer
C .  Either I or II alone sufficient to answer
D .  Both I and II are not sufficient to answer
Answer: Option C

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