Question

a certain sum of money amounts to 5618 in 2 years and 5955.08 in 3 years find the rate of interest and sum of money​

Answer 1

Answer:

( 3years or 2years) 5955.08-5618=337.08 interest compounded from 5618 is 337.8

so,337.08/5618=0.06=6 percent

interest is 6 percent

Step-by-step explanation:

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