Question

in what time rupees 15000 will become rupees 1653 7.50 if the rate of interest is 5% per annum and compound annually​

Answer 1

Answer:

rupees 15000 will become rupees 1653 7.50 if the rate of interest is 5% per annum and compound annually

Calculate:

Time (t)

• Where: t = log(A/P) / n[log(1 + r/n)]

Total P+I (A): $ 16,537.50

Principal (P): $ 15,000.00

Rate (R): % 5

Compound (n): Compounding Annually (1/Yr)

Answer:

• t = 2 years

Answer 2

Step-by-step explanation:

hope you understand than the given answer