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Principal =64O .AMOUNT= 744.40 Year = 2 Compoundly .find rate of interest. |
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Answer» Step-by-step explanation: Given: P= 640, A= 774.40, n=2 years, r=?We KNOW, A=P(1+100r)n∴774.40=640(1+100r)2640774.40=(1+100r)26400077440=(1+100r)2100121=(1+100r)2(1011)2=(1+100r)21011=1+100r=10%HOPE IT WILL HELP YOU PLESE MARK IT AS BRIANLIST ANS AND FOLLOW ME |
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