Question

An amount is invested in a bank at compound rate of interest the total amount including interest after 1st and 3rd year is 1200 and 1587 respectively what is the rate of interest

Answer 1

An amount is invested in a bank at compound rate of interest the total amount including interest after 1st and 3rd year is 1200 and 1587 respectively the rate of interest is 23560

Answer 2

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An amount is invested in a bank at compound rate of interest the total amount including interest after 1st and 3rd year is 1200 and 1587 respectively. the rate of interest is 23560.

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