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7 years, 8 months ago
if the compound interest for three years for certain money at 10% is 993. what would be the simple interest?
7 years, 8 months ago
10%=1/10 1-imterest so sum=1+10=11 (11)^3=1331 (10)^3=1000 so 1331-1000=331=993 1=3 so 1000=3000 principal
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