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Peter invested a certain amount of money in a financial institution at compound interest compounded quarterly. At the end of the third year it had...

Peter invested a certain amount of money in a financial institution at compound interest compounded quarterly. At the end of the third year it had amounted to sh 18980 and by the end of the fifth year it had amounted to sh 20530. Find the rate of interest

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Kavungya answered the question on September 24, 2019 at 05:40

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