Given an amount needed(future value) of $3300 in 4 years at an interes – InterviewSolution

InterviewSolution

1.	Given an amount needed(future value) of $3300 in 4 years at an interest rate of 11% compounded annually. Find the amount of interest earned
Answer» 3300×110÷100×110÷100×110÷100×110÷100=rs4831.53

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