Question

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

Answer 1

Answer:

3 years

Step-by-step explanation:

Given A = 1852.20, P = 1600, R = 5%. n = 3. Therefore in 3 years the rupees 1600 amount to rupees 1852.20 at 5% P.A.