Find the rate of compound interest per annum if the difference between compound interest and simple interest for 3 years on Rs. 58,956 is Rs. 624.

1
\(4\frac{{15}}{{17}}\% \)
2
\(5\frac{{14}}{{19}}\% \)
3
\(4\frac{{14}}{{19}}\% \)
4
\(5\frac{{15}}{{17}}\% \)

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