5000 becomes 7000 in 4 years at a certain rate of interest. If the rate becomes 1.5 times of itself, the nount of the same principal in 5 years will be 7 8000 e sum of money that will give 1 as simple interest per day at the rate of 5% per annum is * 730 (2) 7875 (3) 7 9000 (4) 9250 (2) 3650 (3) 7300 (4) 36500
5000 becomes 7000 in 4 years at a certain rate of interest. If the rate becomes 1.5 times of itself, the nount of the same principal in 5 years will be 7 8000 e sum of money that will give 1 as simple interest per day at the rate of 5% per annum is * 730 (2) 7875 (3) 7 9000 (4) 9250 (2) 3650 (3) 7300 (4) 36500
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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