Question

annually?
At what rate wil
In how much time will a sum of 1,600 amount to 1852.20 at 5% per annum if the interest is compounded​

Answer 1

Step-by-step explanation:

Given A = 1852.20

P = 1600

R = 5%

n = 3

Therefore in 3 years the rupees 1600 amount to rupees 1852.20 at 5% P.A.