Question

give annuity of rs 100 amount to rs 3137.12 at 4.5% p.a ci . the numbers of years qill be​

Answer 1

Answer:

31.37 years

Step-by-step explanation:

Annuity means given every year

so amont paid every year is 100

Total amount is 3137.12

No of years taken = 3137/100 =31.37 years