A person invests₹5000for three years at a certain rate of interest compounded annually. At the end of two years this sum amounts to ₹6272.Calculate
(a) the rate of interest per annum. (b) the amount at the end of the third years.
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A person invests₹5000for three years at a certain rate of interest compounded annually. At the end of two years this sum amounts to ₹6272.Calculate
(a) the rate of interest per annum. (b) the amount at the end of the third years.
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