annually. Find the sum.
On what sum will the compound interest at 7
compounded annually be 3,101.40?
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Answer:
Sum is 12800
Step-by-step explanation:
et the Sum be P. Given, R = 7 1/2% = (15/2)%, Time = 3 years, C.I = 3101.40. Therefore, Sum is 12800.
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