Question

( 8 x=2left(1+frac{2}{100}right)^{3} )
( left(1+frac{2}{100}right)^{3}=8 )
( frac{1+x}{100}=2 )
( 100+2=20 )
( 2=100 )
( 16 x=xleft(1+frac{10 x}{100}right) d )
( 16=2+1 )
( 2^{4}=2^{pm} )
( 1=4 ) yeas

# 20 if a certain sum of money becomes 8 times of itself in 3years. find rate of compound interest

Solution