Let the rate of interest be \(r\%\) \(∴ 400\left(1+\cfrac{r}{100}\right)^2=441\) Or, \(\left(1+\cfrac{r}{100}\right)^2=\cfrac{441}{400}\) Or, \(\left(1+ \cfrac{r}{100}\right)=\cfrac{21}{20}\) Or, \(\cfrac{r}{100}=\cfrac{21}{20}-1\) Or, \(\cfrac{r}{100}=\cfrac{1}{20}\) Or, \(r=5\) ∴ Annual compound interest rate is 5%