a certain sum of money amount to rupees 5618 and in 2 years and rupees 5955.08 in 3 years when interest is compounded yearly find the rate of interest and the sum of money
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Answer:
(3year2year)5955.08-5618=337.08
Interest compounded from 5618 is 337.08
So 337.08/5618=0.06=6perecent
Interest is 6 percent
Step-by-step explanation:
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