Question

A business man deposited rs6,000 in a commercial bank at 5% per year .How long should be deposit the sum to receive an intrest of rs 900?​

Answer 1

Step-by-step explanation:

si=Rs900

r=5%

p=Rs6000

t=si×100/p×r

t=900×100/6000×5

t=9×10/6×5

t=3×2/2=6/2=3

so the answer is 3 Years

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Answer 2

Answer:

16.5 Years

Question: How Long Will It Take $10,000 To Reach $50,000 If It Earns 10% Annual Interest Compounded Semiannually? Answer: 16.5 Years Please Show Steps To Solving This, Using The Below Equation.