Question

p =23000 n=7 years A=40000 r=?​

Answer 1

Answer:

r = 10.56%

Step-by-step explanation:

Amount = P + I

40000 = 23000 + I

I = 17000

The explanation of this question is given in the photo attached above.

Answer 2

Step-by-step explanation:

10.56%

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