Math, asked by suhanisuryawanshi29, 1 year ago

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Reena invested rupees 12000 at 5% per year after how many years her investment will amount to rupees 13230 if interest is compounded annually​

Answers

Answered by simran7890
0
12,000 at 5% for 1st year,
Interest earned = 12000*5/100 = 600
Amount after 1st year = 12,000 + 600 = 12,600

P for second year = 12,600
Interest earned(@ 5%) = 12600*5/100 = 630 Rs.
Amount = 12,600+630 = Rs. 13,230

Hence she received Rs.13,230 after '2' years.
So 'n' = 2

rahulgrover033: hlo simren
Answered by RohanChandru003
3

Answered by ಕನ್ನಡಿಗ

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