Math, asked by mansha2008, 3 months ago

a sum of money amounts to 31200 at 4% per annum in 5 years find the original sum​

Answers

Answered by sharat134
3

Answer:

Note: Assumed as compound interest.

31,200*PVIF

= 31,200*0.822

= 25,646 (ans)

pvif = present value interest factor

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