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?
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0
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
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