In what time wil! the compound interest on 10,000 amount to 2769 at 13% per annum.
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in what time will the compound interest on 10000 amount to 12706 Nitin padam padam
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Answer:
The correct answer is 2 years.
Step-by-step explanation:
The total amount after the time=10000+2769
=12769 rupees
Let the time=t
12769=10000(1+ 13/100)^t
1.2769=(1.13)^t
t=2
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