Question

In what time, the compound interest on 2960 at 9% per annum compounded annual be 3315.27?

Answer 1

Answer:

$principle \: = 2960 \\ rate \: = 9 \% \\ amount \: = 3315.27 \\time = x \\ now \\ amount \: = principle (\: 1 + \frac{rate}{100} ) {}^{x} \\ 3315.27 = 2960(1 + \frac{9}{100} ) {}^{x} \\ \frac{331527}{296000 } = ( \frac{100 + 9}{100} ) {}^{x} \\ \\ \\ \\ \\ \\ evalute \: the \: equation \: and \: ge \: the \: answer \: \\ \\ \\ i \: hope \: you \: lke \: it \: and \: mark \: brainlist \: answer\:$