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3. Rajesh borrowed 5,000 from a bank. He will have to pay 10,000 after 5 yearsfind the rate of interest, if the interest is payable half yearly. |
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Answer» Answer: P=5000 A=10000 T=5 yes n=10 A=P(1+r/100)¹⁰ 10000=5000(1+r/100)¹⁰ 10000/5000=(1+r/100)¹⁰ 2=(1+r/100)¹⁰ 10√(2)=1+r/100 1.072=1+r/100 1.072-1=r/100 0.072=r/100 0.072×100=r r=7.2% Step-by-step EXPLANATION: Please mark as the BRAINIEST answer.. |
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