Math, asked by gautamkumar0219, 1 year ago

solve this as soon as possible

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Answered by trshukla
0
If the interest is .21, or 21% after two years, then:

(1+r)^2=1.21, or 1.21 x’s the original amount. Then:

1+r=√1.21

=1.1

r=0.1, or 10% per annum

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