Question

I invest 20,000 in a fixed deposit which will earn an interest at 9% per annum compound interest. In how many years will I get an amount of 23,762?
Who will give me write ans with soluction I will mark his/ her answer as brainlist ​

Answer 1

Answer:

SI= Amount- Principle

  = 23,762-20,000

  = 3,762

SI= PRT/100

3,762= 20,000×9×T/100

T= 3762/1800

T= 2.09 yrs

Answer 2

Answer:

Hii mate so the answer is AAPIRrrt or considered the tapir

Step-by-step explanation:

A = P(1 + r/n)nt

A = Accrued Amount (principal + interest)

P = Principal Amount.

I = Interest Amount.

R = Annual Nominal Interest Rate in percent.

r = Annual Nominal Interest Rate as a decimal.

r = R/100.

t = Time Involved in years, 0.5 years is calculated as 6 months, etc.

Thanks for marking me braniest for the last question

Hope this helps mate