r0039794 r0039794

17-10-2020
Mathematics

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VIAL
Find at what rate of interest will 5000 amounts to 6200 in 3 years.

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mieraanh mieraanh

17-10-2020

5000 x 3 years x 8%
= 15000 x 8%
= 1200

5000 + 1200 = 6200

8% rate of interest

Hope this helps

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