Utilizing the tenet of 69

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a fund organization offers to give Rs20000 following 14 years consequently for Rs.5,000 saved today. Utilizing the tenet of 69, make sense of the inexact interest rate advertised.

Reference no: EM13906639

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The diary and money book sections : P Ltd. was enlisted with an approved capital of Rs. 10,00,000 isolated into 1,00,000 value shares of Rs. 10 every out of which 50,000 value shares were offered to people in general for membership.
What will be the estimation of his reserve funds : krishna spares Rs 24000 a year for a long time, and Rs.30,000 a year for a long time from that point. On the off chance that the rate of hobby is 9 percent intensified yearly, what will be the estimation of his reserve funds toward the end of 20 year..
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Utilizing the tenet of 69 : a fund organization offers to give Rs20000 following 14 years consequently for Rs.5,000 saved today. Utilizing the tenet of 69, make sense of the inexact interest rate advertised.
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