8. A sum of 1,000 doubles in 5 years. Find the rate of interest if – InterviewSolution

1.	8. A sum of 1,000 doubles in 5 years. Find the rate of interest if the interest is calculated half yearly-10Given : V2 = 1.072)
Answer» 50000Step-by-step explanation:the sum of 1000 DOUBLES means 2000.so, 2000/5 =100000.half YEAR that means 5000.5000/10=50000.

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