Math, asked by SnehilMishra, 1 month ago

6. In how many years will 3,650 amount
to 4,526 at the rate of 6% per annum?​

Answers

Answered by manirajput2872006
2

Answer:

Time=876*100/3650*6=4 yrs.

Step-by-step explanation:

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Answered by Yoursenorita
5

QUESTION:

In how many years will 3,650 amount

In how many years will 3,650 amountto 4,526 at the rate of 6% per annum?

ANSWER:

Principal = 3650

Amount = 4526

Rate = 6%

Time = t,

Interest = Amount - principal

= 4526 - 3650

= 876

 =  > 876 =  \frac{3650 \times 6 \times t}{100}

 =  >  \frac{8760}{365 \times 6}  = t

 t = 4yrs

TERMS USED:

  • the amount of something is how much of it there is; a quantity of something

  • Interest, in finance and economics, is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party.

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