Question

A's capital exceeds B's capital by 20.5%. B invests his capital at 20% pa, for 3 years, mterest
compounded amually. At what rate percentage p a rust A mvest his capital at sipke interest, so that at the
end of 3 years, both get the same amount (m INR)? (Correct to one decimal place)​

Answer 1

Answer:

what rate percentage p a rust A mvest his capital at sipke interest, so that at the

end of 3 years, both get the same