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If Rs.6000 has been lent at 8% per annum. The interest being compounded annually, what is the interest rate for the...
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The principal for the 4th year is equal to the amount at the end of the 3rd year.Hence, principal for the 4th year...
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If a principal amount P is compounded annually at the rate of r% per annum, then the amount at the end of the nth year...
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