Question

A certain sum of money at compound interest becomes 2205 in 2 years and 2315.25 in 3 years. Find the rate of interest percent per annum

Answer 1

Answer:

intrest on third year =2315.25-2205=110.25

now intrest is

110.25×100=11025÷2205=5%

Answer 2

Answer:

Explanation:

idk