Mathematics, 12.11.2020 06:20 sissygirl0807

A) At what rate percent per annum compound interest will Rs 3,125 amount to Rs 3,380 in 2 years?
b) A farmer borrowed Rs 1,00,000 from an Agricultural Development Bank to promote
his fish farming. If he paid a compound interest of Rs 33,100 at the end of 3
find the rate of interest compounded annually charged by the bank.
years,

Answers: 1

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A) At what rate percent per annum compound interest will Rs 3,125 amount to Rs 3,380 in 2 years?