The compound interest compounded annually
on a certain sum is 29040 in second year
and is 31,944 in third year. Calculate
(i) the rate of interest.
(ii) the interest for 4th year
(iii) the interest for 1st year.
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The compound interest compounded annually
on a certain sum is 29040 in second year
and is 31,944 in third year. Calculate
(i) the rate of interest.
(ii) the interest for 4th year
(iii) the interest for 1st year.
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