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 Class 8 Mathematics revision questions and answers

A man deposited sh 30000 in a bank which paid compound interest at 12% per annum. At the end of the first year he withdrew sh 5600 from his account and left the balance in the account for another year. How much money was in his account at the end of the second year?
A. Sh 33600
B. Sh 37632
C. Sh 28000
D. Sh 31360

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