A certain sum of money at compound interest amounts to 6,600 in 1 year and to
7.986 in 3 years. Find the sum and the rate percent.
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Answer: A certain sum of money at compound interest amounts to 6600 in one year and to 7986 in three years. The sum and rate percent are 6000 and 10% respectively. The sum is 6000 and the rate percent is 10%.16-Jul-
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