Question

(i) the interest he earns for the secunu y
(i) the total amount due to him at the end of three years.
6. The simple interest on a sum of money for 2 years at 12% per annum is 1380.
Find
(1) the sum of money.
(i) the compound interest on this sum for one year payable half-yearly at the
same rate.
yn years at a certain rate of interest, compounded​

Answer 1

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