Question

in how many years will Rs. 1800 amount to Rs. 2178 at 10% per annum when compounded annually?

Answer 1

..............................

Answer 2

Answer:

n=2years

Step-by-step explanation:

A= P(1+r\10)^n

2178=1800(1+10/100)^n

2178/1800 = (100+10)/100^n

2178/1800 = 110/100^n

2178/1800 = 11/10^n

121/300 = (11/10)^n

(11/10)^2 = (11/10)^n

n = 2

I hope it is helpful for you