Question

A certain sum of money amount to * 4800 in 5 years at 4% per annum. In how many years will it
amount to 7200 at the same rate?​

Answer 1

Answer:

7.5 yrs.

Step-by-step explanation:

si=pnr/100

4800=(px4x5)/100

(4800x100)/4x5=p

p=24000

therefore

si=pnr/100

7200=(24000x4xN)/100

(7200x100)/(24000x4)=N

7.5=N

hope it will get you