If a sum of 40,000 at compound interest
at 5% p.a. amounted to 44,100 find the
time for which money was invested.
Answers
Answered by
3
Answer:
22.05
Step-by-step explanation:
amount=p*R*T/100
44100=40000*5*t/100
t=44100*100?40000*5
t=4410000/200000
t=22.05
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