Question

how long will it take for rs 4000 to amount to rs 7000 if it is invested at 7% compounded continuously?

Answer 1

Answer:

10years7months

Step-by-step explanation:

simple interest=7000-4000

=3000

simple interest=P×T×R/100

3000=4000×T×7/100

T=3000×100/4000×7

T =10years7months