The compound interest on a certain sum of money for 2 years is $208 and the simple interest for the same time at the same rate is $200. Find the rate %.

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Robse asked Jan 20, 2022

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The compound interest on a certain sum of money for 2 years is $208 and the simple interest for the same time at the same rate is $200. Find the rate %.

Mathematics
college

Robse asked Jan 20, 2022

by Robse

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The answer is 208+200=408

Mohammad Ahmad answered Jan 27, 2022

by Mohammad Ahmad

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