Question

In how many years will `1,250 amount to `1,352 at

4% per annum compounded annually?
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Answer 1

Answer:

with in 2month or1/6 year the amount 1250 change to 1350 but not 1352

Answer 2

Answer:

2 year

Step-by-step explanation:

1 year interest of 1250 is 50

2 year interest on whole amount of principle+interest is 1300 and it's interest is 52

then all together is 1352.

and it is proved