Question

4. In how many years * 1600 invested at 5% will
amount to 1920?​

Answer 1

Answer:

4 years

Step-by-step explanation:

here

I=1920-1600=320

R=5%/Year

P=1600

from the formula :- I=PRT/100

we have, 320=1600*5*T/100. 320*100=8000T

(320*100)/8000=T

.°.T=4