Question

i
A certain sum of money is invested at the rate of 10% per annum compound
Interest, the interest compounded annually. If the difference between the
interests of third year and first year is 1,105, find the sum invested.​

Answer 1

Step-by-step explanation:

A certain sum of money is invested at the rate of 10% per annum compound interest, the interest compounded annually. If the difference between the interests of third year and first year is rs. 1105, find the sum invested.

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Answer 2

Answer:

Please refer to the picture

Step-by-step explanation:

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