atwhat rate per annum ₹8000amount to ₹9261in 3year compounded annually
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Answered by
0
Answer:
kya.amwjhwjwjejemjeke
Answered by
0
Answer:
1 & 1/2 yrs.
or 18 months.
Step-by-step explanation:
Given
P=8000
A=9261
R=10%
To Do = time
(A/Q- Interest compounded semi-annually)
A=P(1+R/200)^2T
9261 = 8000 (1+10/200)^2T
9261/8000 = (21/20)^2T
(21/20)^3 = (21/20)^2T
==> 2T = 3
T= 3/2
ANSWER:- 1 & 1/2 yrs.
or 18 months.
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