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5. A certain sum of money is invested at the rate of 10% per annum compound interest, the interest compounded annually. If the difference between the interests of third year and first year is 1,105, find the sum invested.

Answer» 5. A certain sum of money is invested at the rate of 10% per annum compound interest, the interest compounded annually. If the difference between the interests of third year and first year is 1,105, find the sum invested.


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