use of irrational numbers in compound interest
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Interest rate (r) = 2% p.a. Hence, the amount that Animesh needs to return to his friend is Rs. 2,08,080. So, compound interest is one of the applications of irrational numbers where we use sum of infinite series.
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Step-by-step explanation:
Irrational numbers are used for calculating the compound interest on loans. Here, the sum of infinite series is used. Construction: In construction, where there is a need to build structures that are cylindrical in shape, irrational numbers can be used to calculate the structure
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