find the time required for rupees 650 to become rupees676 at the rate of 4% p.a compounded annually. i want step by step ans who will give me i will make him or her as branilist
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Answer:
1 year
Step-by-step explanation:
T= (100 x Interest) / ( Principle x Rate )
( as given p= 650 and a = 676)
= ( 100 x 26 )/(650 x 4)
= 1
Therefore the answer is 1
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