Question

heyaa plazz solve this question
I WILL MARK AS BRAINLIEST

Answer 1

P = 8000      r = 5% = 0.05    n = unumber of years

9261 = 8000 (1 + 0.05)^n

9261 / 8000  =  1.05 ^n

take logarithms

log 9261 /8000  =  n  log 1.05

 n  =  (1/ log 1.05)  log  1.157  years  = 2.99  = 3 years nearly