Math, asked by poojagalhotra5188, 1 year ago

Compound interest of 8000 for 2 years is 988.80 the rate of compound interest per annum will be

Answers

Answered by bala1108

0

Answer:

4.045% per/annum

Step-by-step explanation:

(8000÷9880.80)=8.09%(2 years)

8.09÷2 = 4.045%

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