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Effective rate of interest

Maths & Stats

In the sum below attached what is the value for n

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Lathika

Lathika

CA Foundation

6K+

15-Feb-23 14:19

203

Answers (5)

Sum number 7


Thread Starter

Lathika

Lathika

CA Foundation

6K+

15-Feb-23 14:20

Question is not complete.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

15-Feb-23 14:24

Sir for same question I got answer in topper website sir but I can't understand how.

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Thread Starter

Lathika

Lathika

CA Foundation

6K+

15-Feb-23 14:27

This is how it should be done. (1+0.05)(1+0.05)-1


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

15-Feb-23 14:29

Ok sir. Thank you


Thread Starter

Lathika

Lathika

CA Foundation

6K+

15-Feb-23 14:30

Offer