Question

in how many years will 4000 amount to 5324 @ 10% per annum compounded annually​

Answer 1

Step-by-step explanation:

principal - 4000

Amount - 5324

tRate -10%

amount =p(1+ R℅ )^t

5324= 4000× (1+10/100)^t

5324/4000=(11/10)^t

1331/1000= (11/10)^t

(11/10)^3= (11/10)^t

base are same so we cut the base with each other

T=3years