RTP

Q 6 (1+6%/12)^12 - 1 = 6.16% Q 7 Back work based on answers Since both numbers are round numbers without decimals investment amount is also a non decimal X + X*3*8% = 2688 solve for x like this try for 5%, 4% & 1 % you will get initial investment / principal as 5% at which both P + I for 3 year and 4 year both will match

Sriram Somayajula

Admin

20-Jun-25 10:24