2. In how many years will * 30,000 invested at 8% per annum amount to 3 44,400.
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here is your answer
Step-by-step explanation:
30,000 invested at 8 percent annum amount to Rs. 44,400. Here , Principal , P = Rs 30 , 000 Rate , R = 8 % Amount , A = Rs 44 , 400 Time = T years Interest , I = A - P = Rs 44 , 400 - 30 , 000 = Rs 14 , 400 Also , Interset = PRT 100 ⇒ 14 , 4 00 = 3.
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