9. In how many years will a sum of 1200 amount to 1323 at the compound interest rate of 5% per annum?
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1
Answer:
show the numbers of years is 2.
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Answer:
Principal = Rs. 1200; A = Rs.1323; R = 5%; N = ?
1323=1200(1+5100)2
13231200=(105100)n
(441400)=(2120)n
(2120)n=(2120)2
Number of years = 2
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