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John deposits Shs.24000 in a fixed account. After 4 years the money accumulated to Kshs.45,000. If the bank paid compound interest of r% p.a compounded semi...

      

John deposits Shs.24000 in a fixed account. After 4 years the money accumulated to Kshs.45,000. If the bank paid
compound interest of r% p.a compounded semi annually find r.

  

Answers


sharon
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sharon kalunda answered the question on April 29, 2019 at 06:35


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