Question

8. In what time will : 1000 become R31331 at 10% per annum
compounded annually​

Answer 1

Answer:

3 years..

Step-by-step explanation:

i think qn was in how many years 1000 becomes 331 at 10% intrest

A=p(1+r/100)^n

1331=1000(1+10/100)^n

1331/1000=(11/10)^n

(11/10)^3=(11/10)^n

bases are equal so powers are also equal

n= 3 years

hope you understand

mark as Brainliest answer.