Rono invested a sum of money, sh p at 24% p.a simple interest for 8 years and realised that he got the same amount as Wekesa...

Rono invested a sum of money, sh p at 24% p.a simple interest for 8 years and realised that he got the same amount as
Wekesa who invested sh. 2p for 4 years at compound interest. Calculate the rate of interest p.a
Wekesa enjoyed.

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sharon kalunda answered the question on May 3, 2019 at 08:32

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