Lemma
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#1632 · Algebra · Sequences & series

Rate of Interest on Estate

A freehold estate worth a year is sold for ; find the rate of interest.

~3 minAnswer checked instantlyfreehold estaterate of interest

H. S. Hall & S. R. Knight, Higher Algebra (1891) · Ch. XVIII. Interest and Annuities, Examples XVIII.b, No. 4

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Checked against the answer in H. S. Hall & S. R. Knight, Higher Algebra (1891).