An investor deposited 40,000 in a bank compounded at the rate of R p.a semi-annually for 2 years and realized Ksh. 50,499. Find the rate...

      

An investor deposited 40,000 in a bank compounded at the rate of R p.a semi-annually for 2 years
and realized Ksh. 50,499. Find the rate of compound interest. Give your answer correctly to 4
significant figures

  

Answers

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Kavungya answered the question on September 18, 2019 at 13:12

Next: Find the radius and centre of a circle whose equation is: 4x² + 4y² + 56x – 104y – 152 = 0
Previous: In the circle below chords PQ and RS intersect internally at X. Given that RX = 8cm,XS = 3cm and PQ=10cm. Calculate PX

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