Question

An investment of rs 1000 into a scheme compounded annually for two years amounts to rs 1123.60.Find the rate of interest at which the money was invested

Answer 1

emergent economy existing in a virtual world, usually exchanging virtual goods in the context of an Internet game. People enter these virtual economies for recreation and entertainment rather than necessity, which means that virtual economies lack the aspects of a real economy that are not considered to be "fun" (for instance, avatars in a virtual economy often do not need to buy food in order to survive, and usually do not have any biological needs at all). However, some people do interact with virtual economies for "real" economic benefit.

Answer 2

This is the answer of your question .