A sum of money invested at compound interest amounts to Rs 10,816 at the end of the

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A sum of money invested at compound interest amounts to Rs 10,816 at the end of the second year and to Rs 11,248.64 at the end of the third year; find the rate of interest and the sum invested.

In what time will a sum of money double itself at 10% p.a. compound interest payable half yearly? [Given log 2 = 0.3010, log (1.105) = 0.0212]

Posted Date: May 16, 2024 06:07 AM

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A sum of money invested at compound interest amounts to Rs 10,816 at the end of the

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