Mathematics, 13.02.2021 08:30 aricketts3901
A sum of money is deposited in a bank and it earns interest at 5% per annum for 3 years. If
the difference between the compound interest,
compounded yearly, and the simple interest earned
on the sum is $36.60, find the sum.
Answers: 3
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A sum of money is deposited in a bank and it earns interest at 5% per annum for 3 years. If
the dif...
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