I will definitely make brain list please give me the answer of question number 4 and pic please give me the answer with solution I will definitely make brainlist list and I'll send a promise it is solved by root if you are expert please give me
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Let the rate percent per annum be R.
Given that sum of money will triple itself in 2 years.
= > A = P(1 + R/100)^n
= > 3P = P(1 + R/100)^2
= > (1 + R/100)^2 = 3
= > (1 + R/100) =
= > (1 + R/100) = 1.732
= > R/100 = 1.732 - 1
= > R/100 = 0.732
= > R = 73.2.
Therefore, the required rate is 73.2% per annum.
Hope this helps!
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