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the answer is 20%, so 100*(1+X)^30=23600 If 1+x=x you will have the following 100*(x)^30=23600 . (x)^30=236 so... (read entire answer)
the answer is 20%, so 100*(1+X)^30=23600 If 1+x=x you will have the following 100*(x)^30=23600 . (x)^30=236 so the answer is 1.199 the interest is 20%
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