The correct answer is 11.3
<span>I = 1832 </span>
<span>P = 16000 </span>
<span>T = 206/365 years </span>
<span>Rate of interest = [100*I] / [P*T] </span>
<span>= [100*1832] / [16000*206/365] </span>
<span>= 20.29% per annum</span>
Certain or very likely its one of those two i hope i helped
You are right ! It is 8.246 and so on ;)
Dude tbh, I’m on the same problem as you and I need help with the answer.!!
