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Q 1 For Compound Interest
A=P (1+R/100)^T
where A=P+I
5700=P (1+R/100)^t
7410=P (1+R/100)^t+1
Dividing
7410/5700=1+R/100
R/100=7410/5700 -1
=1710/5700
R=1710/57=30%
A=P (1+R/100)^T
where A=P+I
5700=P (1+R/100)^t
7410=P (1+R/100)^t+1
Dividing
7410/5700=1+R/100
R/100=7410/5700 -1
=1710/5700
R=1710/57=30%
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