Question

at what rate per annum will 3600 amount to 4734 in 3 and half years

Answer 1

Answer:

Step-by-step explanation:

amount = 4734

p= 3600

time = 3.5 yrs

si= p-amount = 4734-3600 = 1134

si = p*r*t/100

1134 =3600*r*3.5/100

1134 = 36*3.5

1134 =126*r

r = 1134/126

r= 9 % per annum is the answer

i have solved this before so i know it

hope it helps

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