Question

2646=2400(100+R/100)²

Answer 1

Hwy friend!!!!! Here's your answer,

=>2646=2400(1+R/100)^2

=>2646/2400=(1+R/100)^2

=>441/400=(1+R/100)^2

=>21/20=1+R/100

=>21/20-1=R/100

=>1/20=R/100

=>R=5

So, the Rate is 5%

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