Question

in how many years will 900 amount to 1050 at 10 % p.a

Answer 1

hyy frnd ☺☺
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here's your answer looking for..
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↪if it is simple interest ,
1050-900=150 is the interest .

p*R*T*/100=150,

900*10*T /100=150

15000/9000=T
ans is 5/3 years .
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if it compounded annually,
then amount = p(1 +r/n) ^(n*t).
___a= 1050
____p=900
____r=10
n=1
=》1050/900= (1+10)^t,

35/30= 11^t
t= 1.12 (approx)
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HOPE IT HELPS⤴