Accountancy, asked by abhinna9697, 1 year ago

What sum invested for 2 years at 14% compounded annually will grow to rs. 5458.32?

Answers

Answered by ashakantasharma

6

The sum is Rs. 4200

Sum after 2 Years is 5458.32
So sum after 1 year is 4780/114*100=4788
So sum before investing is 4788/114*100= 4200

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