Asked by sola

What rate of interest to produce 22,500 as interest from an invesment of 8,50,000 in three years

9 years ago

Answered by bobpursley

compounded annuallly?

8,500,000+22500=8500000(1+i)^3

solve for intrest rate i.

9 years ago

Answered by Khomotso

Simple interest rate

3 years ago

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