If interest is calculated on an annual compounding basis, at what percent per annum will a sum become 46 times itself in 2 years? (Round your answer to one decimal place)

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 570.4
2. (B) 588.5
3. (C) 578.2
4. (D) 582.2

Verified Answer

Option (C): 578.2

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