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at what rate of interest will rs 2400amount to rs 2778. 30 in 3yrs if interest being compounded annually? |
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Answer» Answer: 5% Step-by-step EXPLANATION: A=p(1+r)^n 2778.3 = 2400(1+r)^3 2778.3/2400 = (1+r)^3 1+r=1.05 r=0.05×100=5% |
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