Math, asked by nisharekhajain, 4 months ago

9. What sum of money will amount to * 7290
in 2 years at the rate of interest 8% pa
compounded annually?
71 50 000
Hot​

Answers

Answered by gowishan
0

Step-by-step explanation:

Principle = Rs x. Time = 2 yrs. Rate = 5%. Therefore, Rs 4600 will produce the same compound intrest in 2 years at 5%per annum as Rs 943 produces in 10 years at 5%rate of simple interest

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