Math, asked by sandhumonika59, 1 month ago

Find the rate of compound interest when 521 amounts to 1008 in 15 years

Answers

Answered by arsh273

2

Answer:

1008 = 521(1+r/100)^15

1008/521 = (1.01r)^15

r^15 = 1.666

r = 1.034 %

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