Math, asked by narendraaviindia, 11 months ago

at what rate will 1000 amount to 1331 in 3 years if compounded annually

Answers

Answered by rupesh3997

4

Step-by-step explanation:

1331-1000=331

SI=331

So the formula is PTR÷100=331

1000×3×R÷100=331

30R=331

R=331÷30=11.033

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