Question

At what percent per annum compound
interest will 6000 amount to 7260
in 2 years? ​

Answer 1

Answer:

rate = 10

Step-by-step explanation:

7260/6000=(100+r/100)²

121/100=(100+r/100)²

11/10=100+r/100

1100=1000+10r

r=10

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