8. A sum of 1,000 doubles in 5 years. Find the rate
of interest if the interest is calculated half yearly-
10
Given : V2 = 1.072)
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Answer:
50000
Step-by-step explanation:
the sum of 1000 doubles means 2000.
so, 2000/5 =100000.
half year that means 5000.
5000/10=50000.
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