Question

A certain sum amounts to * 5,292 in two
years and 5.556.60 in three years, interest
being compounded annually. Find:
(i) the rate of interest
(ii) the original sum.
without using formula
​

Answer 1

Answer:

5%

Step-by-step explanation:

A certain sum amounts to * 5,292 in two

years and 5.556.60 in three years, interest

being compounded annually. Find:

(i) the rate of interest

(ii) the original sum.

without using