The amount of Re.1 in 2 years at a certain nominal rate of interest plus the present value of Re. 1due in 2 years, at the same nominal rate of discount, both rate convertible half-yearly, is 2.0080032. find the rate of discount.
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Answer:
100
Step-by-step explanation:
10090000-100000=2888 which means 2888*10000 = 28880
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