Question

in how many years will ₹8,000 amount to₹9,261 at5% per annum compounded annually?

Answer 1

hey.. 

here is ur answer..

..

.

amt.= rs9261

principal=8000rs

rate=5%

let time=T

amt.=p[1+R/100]^T

9261=8000[1+5/100]^T

9261/8000=[1+5/100]^T

[21/20]^3=105/100]^T

[21/20]^3=[21/20]^T

BASES ARE SAME, EQUATE POWERS

3=T

3yrs is ur answer

hope it will help, if yes please mark it as brainlist..

Answer 2

$a = 9261 \\ p = 8000 \\ r = 5 \\ t = 3$