At the rate percent p.a. will a sum of RS. 4000 amount to Rs. 5290 in 2 years when compounded annually.
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Answers
Answered by
2
Answer:
14.34% per annum
Step-by-step explanation:
apply the formula
A= P(1+ r/100)^t
and put
A= 5290
P=4000
t= 2
hope it helped !!
Answered by
9
Given:
↬Principal = RS. 4000
↬amount = Rs. 5290
↬time = 12 years
To Find:
➺rate of interest
Solution:
here we use the formula
hope this helps.!
nidhi1633:
thanks
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