A man invests 3072 for two years at compound interest After one year the money amounts to - Maths - Compound Interest

Question

A man invests ? 3072 for two years at compound interest After one
year the money amounts to?3264 Find the rate of interest and the
amount due at the end of 2nd year

Pankaj Kumar · Accepted Answer

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A man invests ? 3072 for two years at compound interest. After one year the money amounts to?3264 .Find the rate of interest and the amount due at the end of 2nd year.