Question

In how many years will ₹6750 amount to ₹8192 at 6 2÷3(in fraction six and 2 upon 3)%p.a compounded annually?

Answer 1

Answer:

3 years

Step-by-step explanation:

add all interest in 6750 and we get 8192

like and follow

Answer 2

Step-by-step explanation:

8192 = 6750 (1 +20/300)n

8192 = 6750 (320/3oo)n

(320/300)n=8192/6750

1.066^n=I. 066^3

n = 3

Ans: 3 yrs