Asked by Tanishka
What sum will amount to Rates. 1116 in 4years at 6percent please. a.
Answers
Answered by
oobleck
x(1.06)^4 = 1116
x = 1116/1.06^4 = 833.98
If you meant simple interest, then 1116/(1 + .06*4)
x = 1116/1.06^4 = 833.98
If you meant simple interest, then 1116/(1 + .06*4)
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