Question

6. At what rate of compound interest will * 20,000
become * 24,200 after 2 years?
7. In what time will 3 64,000 amount to * 68,921 at
5% per annum, interest being payable half-yearly?
8. On what sum of money does the difference
between the simple interest and compound
interest in 2 years at 5% p.a. is * 15?​

Answer 1

Answer:

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