How long will it take for a sum of rupees 12600 invested at 9% per annum become to rupees 15624
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here is your answer
principal=12600
Rate of interest= 9%
A= 15624
T=(1/r)(A/P-1)
thn solving your equitation=
(1/0.09)(15624/12600)-1)=2.67 years
which is about 2 year 8 months
Hope it helps
principal=12600
Rate of interest= 9%
A= 15624
T=(1/r)(A/P-1)
thn solving your equitation=
(1/0.09)(15624/12600)-1)=2.67 years
which is about 2 year 8 months
Hope it helps
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