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Mathematics, 21.02.2021 16:10 jasalina
A man invests 10000 for 3 years at a certain rate of interest, compounded annually. At the
end of one year, it amounts to 11200. Calculate :
(i) the rate of interest per annum;
(ii) the interest accrued in the second year;
(ii) the amount at the end of the third year.
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Answers: 1
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A man invests 10000 for 3 years at a certain rate of interest, compounded annually. At the
end of o...
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