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CIL 2026 | Numerical Ability | Question: 23

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A sum of $8,000$ is invested at a compound interest rate of $5 \%$ per annum for $2$ years, interest compounded annually. Find the total amount at the end of $2$ years.

  1. $9,020$
  2. $8,820$
  3. $8,420$
  4. $8,620$

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