Aurange Aurange

27-02-2017
Mathematics

Answered

What is the effective rate of interest if $1,000 compounds to $1,331 in 3 years?

The effective rate of interest, if $1,000 compounds to $1,331 in 3 years is ___%.

Verified Answer :

malik1201b malik1201b

28-02-2017

nnnnnnnnnnnnnnnnnnn
6.0%

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blackwarlockofmind blackwarlockofmind

02-03-2017

33331 as it is 1000 x 100 which equal 33331

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