Accountancy, asked by poojaruparelia94, 5 months ago

(4)
A bank promises to give you Rs. 5,000 after 10 years in
exchange of Rs. 2,000 today. What is the interest rate
involved in this offer ?​

Answers

Answered by jayabhargava595
1

Answer:

Ha you are unwell and cannot attend the classes are you doing today then I will be there for you to be a good day at y I don't know what to


poojaruparelia94: ok
poojaruparelia94: better dont answer ok
poojaruparelia94: n take care of ur slef
jayabhargava595: apne man se kuch bhi mat thok
jayabhargava595: samjhi
jayabhargava595: badi aayi
Answered by meetsachde9
4

Explanation:

A = P [1 + (r/100)]^n

A = 5000

P = 2000

n = 10

5000 = 2000 [1+0.0r]^10

5000/2000 = (1+0.0r)^10

2.5 = (1+0.0r)^10

taking tenth root on both sides

(2.5)^(1/10) = 1 + 0.0r

1.1 = 1 + 0.0r

0.1 = 0.0r

0.1 = r/100

r = 0.1 * 100 = 10% (approx)

Chalo branliest banao ab

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