(Ans. 1,700
compounded quarterly, find the principal.
11 A banker borrows money at 10% per
annum, adding interest a

(Ans. 1,700
compounded quarterly, find the principal.
11 A banker borrows money at 10% per
annum, adding interest at the end of the year. Helena
it at 10% per annum adding interest half-yearly. By this he gains ? 16.8 in two years. Find the
sum borrowed.
(Ans. 3,000)​

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