At what rate per cent per annum will 4000 amount to 4410 in 3 years when compounded annually?
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Answered by
4
Answer:
5% = R
Note:- If the time period was to be 3 years, it would be very difficult to solve the answer. I think you made a typing error. The time should be 2 years. So, I have solved with time as 2 years.
REFER TO SECOND ATTACHMENT FOR REST OF THE ANSWER.
Hope it helps
Please mark my answer as B
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Answered by
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Answer
rate percent will be 5%
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