A seller offers you a deal that pays Rs 10,648 in 3 years for only Rs 8,000 that you pay today. Calculate the interest rate that your investment would earn. If a sewing machine company issues 8%...

A seller offers you a deal that pays Rs 10,648 in 3 years for only Rs 8,000 that you pay today. Calculate the interest rate that your investment would earn.

If a sewing machine company issues 8% preference shares of Rs 10 each paying a dividend of Rs 0.50 per share, what would be the current price of the share, given an interest rate of 8%?