Answers

  • Brainly User
2014-08-10T19:09:57+05:30
8860=p(1+r/100)^n= p(1+r/100)^6
similarly  7920=p(1+r/100)^4
dividing both equations, 1.11=(1+r/100)^2
on solving 1.11^1/2= 1+r/100
hence r=5.35%
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