Suman invested Rs. 3,500 at 20% annual compound interest compounded annually. If she received Rs. 6,048 after n years, find the value of n.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 2.6
2. (B) 2
3. (C) 4
4. (D) 3

Verified Answer

Option (D): 3

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