Math, asked by nishathakur7662, 3 months ago

in how many years rs1600 invested at 5 percent per annum will amount to rs1920​

Answers

Answered by jainparv1101
0

Answer:

ok

Step-by-step explanation:

use a calculator ok beoo

Answered by jainmuskaan2007
1

Answer:

Step-by-step explanation:

Given A = 1852.20, P = 1600, R = 5%.

We know that A = P(1 + r/100)^n

                       1852.20 = 1600(1 + 5/100)^n

                       1852.20 = 1600(105/100)^n

                       1852.20 = 1600(1.05)^n

                       1852.20/1600 = (1.05)^n

                       1.157625 = (1.05)^n

                       (1.05)^3 = (1.05)^n

                         n = 3.

Therefore in 3 years the rupees 1600 amount to rupees 1852.20 at 5% P.A.

Hope this helps!

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