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A man invests an amount at compound interest. If the amount becomes 1.44 times the principal after two years, what is the annual rate of interest?

✔ Correct Answer: B. 20%

The correct answer to the question “A man invests an amount at compound interest. If the amount becomes 1.44 times the principal after two years, what is the annual rate of interest?” is 20%. This question belongs to Mathematics. Practice the related questions below to master this topic for your FPSC, PPSC and NTS tests.

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