Mukesh Ltd has received £65,661 after investing for 6 years at an annual interest rate of 6.5%. What was the original amount they invested?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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Mukesh Ltd has received £65,661 after investing for 6 years at an annual interest rate of
6.5%. What was the original amount they invested?

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