Question

Find the time in which rupees 12500 will produce rupees 3246.50 as compound interest at 8%  per annum, compound annually (pls show with steps)​

Answer 1

$\red{ \boxed{ \sf{ C} \green{o} \pink{r} \red{r} \pink{e} \green{c} \blue{t} \: \: { \red{ Q} \green{u} \pink{e} \blue{s} \red{t} \blue{i} \green{o} \pink{n}}}}$

• Find the time in which rupees 12500 will produce rupees 3246.40 as compound interest at 8%  per annum, compound annually.

$\red{ \boxed{ \sf{A} \green{n} \pink{s} \red{w} \pink{e} \green{r}} : 3 \: years}$