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rate of return on investment per annum
Hi,
I have gone thru the forum discusiions on simiar topics, but couldnt understand much. appreciate your help with this query 1) i invest $100000 for 3 years one month today with reinvesment of interest earned quaterly at the rate of 7.00% per annum. What wil be ultimate amount at the end of the tenure? 2) I invest $100000 today in a scheme which will give me 250000 after 2 years. what is the rate of return here? |
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