The compound interest, calculated yearly, on a certain sum of money fo – InterviewSolution

1.	The compound interest, calculated yearly, on a certain sum of money for the second year is Rs.1,089 and for the third year it is Rs. 1,197.90. Calculate the rate of interest and the sum of money.
Answer» The compound interest, calculated yearly, on a certain sum of money for the second year is Rs.1,089 and for the third year it is Rs. 1,197.90. Calculate the rate of interest and the sum of money.

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