in how many years will Rs 4000 amount to Rs 5324 at 10% compound interest
Answers
Answered by
29
Hello friend ❤️ ❤️ ❤️
Refer to the attached document
PLEASE MARK ME AS BRAINLIEST IF THE ANSWER IS CORRECT ❤️ ❤️ ❤️
Attachments:
Answered by
3
Let the required time be x .Then,
amount =Rs {4000×(1+10/100)^n}
={4000 ×(11/10)}
Now 4000×(11/10)^n=5324
=》(11/10)^n=5324/4000
=》(11/10)^n=1331/1000
=》(11/10)^n=(11/10)^3
=》n=3
Hence the required time is 3 years.
Similar questions