in what time will 1200 rupees amount to 1323 at 5% p.a when the interest is payable annually?
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Answered by
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Answer:
1200 rupees amount to 1323 at 5% p.a when the interest is payable annually
Calculate:
Time (t)
- Where: t = log(A/P) / n[log(1 + r/n)]
Total P+I (A): $ 1,323.00
Principal (P): $ 1,200.00
Rate (R): % 5
Compound (n): Compounding Annually (1/Yr)
Answer:
- t = 2 years
Answered by
1
Answer:
this is right answer
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