Question

Find the time require for ₹650 to become ₹676 at rate 4% p.a compounded annually. ​

Answer 1

Answer:

Time

$time = \frac{676 \times 100}{650 \times 4 } \\ \frac{169 \times 10}{65} \\ \frac{1690}{65} = 26$

26 years