Question

1. A sum becomes 24,200 in 2 years and 29,282 in
4 years at a certain rate of compound interest
compounded annually. Find the rate of interest
(A) 12% p.a
(B) 11% p.a.
(C) 13% p.a
(D) 10% p.a.​

Answer 1

Answer:

C)13%p.a.

Step-by-step explanation:

24200+13%

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If not sorry