Question

In how many yrs will 3650 amount to 4526 at the rate of 6%

Answer 1

with solution or just the answer??

Answer 2

Answer: 4 years

Step-by-step explanation:

Hope the interest is 'simple interest'

A = 4526

P = 3650

Interest = A - P = 4526 - 3650 = 876

R = 6%

I = PNR/100 , where P=Principal, N=number of years, R=rate%

N = I*100/PR = 876*100/3650*6 = 4 years