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15. will this sum double itself at the same rate of interest? ELEVERES Maths Around us consider interest as a premium paid to the person who gave the loan. was also considered while calculating the interest. The French Central Bank attempted to control the interest rates for India in 1847. Adam Smith, Jeremy Bentham and Mirabeau formally rates and their impact on society for the first time. Mental Maths 1. A part of 8140 has been invested at a rate of interest of 4%​

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