Business Mathematics & Statistics?

  • Thread starter Thread starter sameer rana
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sameer rana

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Question 1:
A person invests an amount of 7500 in a Bank at the rate of 9% per annum; find the compound interest by the investor after 10 years.
Question 2:
Suppose you make a saving of Rs. 50,000 at the end of each month, assume an interest of 7% compounded monthly, how much will you have accumulated at the end of 4 years?
 
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