Business Studies, asked by brijwasianjali32851, 11 months ago

At what rate of compound interest will 20000 become 24200 after 3 years

Answers

Answered by bhardwajpratyaksha

2

CI = 24200-20000=4200

I = P( 1 + r / 100 )^ n

4200 = 20000( 100 + r/100 ) ^ 3

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