Saved Bookmarks
| 1. |
If an amount of ₹2000 invested at some rate of interest becomes ₹3500 after 4 years, findthe rate of interest p.a.? |
|
Answer» Explanation: 2.1a. Simple and Compound Interest We have to work with money every DAY. While BALANCING your checkbook or CALCULATING your monthly expenditures on espresso requires only ARITHMETIC, when we start saving, planning for RETIREMENT, or need a loan, we need more mathematics. |
|