difference between simple interest and compound interest on a sum put out for 5 years at 3% was 46.80. Find the sum.
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Answered by
2
Answer:
Step-by-step explanation:
P(1+3/100)=46.80
P=46.80/(1+3/100)^5
p=40.37
Answered by
1
Answer:
40.37
Step-by-step explanation:
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