Math, asked by ehtisham1234, 10 months ago

Find rate Rs 850 yields Rs 153 in 3 year

Answers

Answered by srikantreshma
0

Step-by-step explanation:

You must be more specific.

Finding interest rate, assuming annual compounding, since you don't say:

interest rate = [(A/P)^1/t]-1

ir = [(1003/850)^1/3]-1 = 0.0567 = 5.67% annual interest

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