What interest rate is implicit in this offer

Reference no: EM13129395

A finance company advertise that it will pay kump sum of rs 10000 at the end of 6 years to investor who deposit annually Rs1000. what interest rate is implicit in this offer?

Reference no: EM13129395

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What interest rate is implicit in this offer : A finance company advertise that it will pay kump sum of rs 10000 at the end of 6 years to investor who deposit annually Rs1000. what interest rate is implicit in this offer?

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