Plz help me with the define question
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21% is the first answer
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Answer:
4(I) r=10%
Step-by-step explanation:
let r%=r
principle=p=6500
amount=7865
time=2years=n
A=P(1+r/100)^n
7865=6500(1+r/100)^2
7865/6500=(100+r/100)^2
121/100=(100+r/100)^2
(11/10)^2=(100+r/100)^2. [cancelling square from both sides]
11/10=100+r/100
11×100/10=100+r
110=100+r
110-100=r
r=10%
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