in what time will ₹ 5000 amount to ₹ 6498 at 14 % p.a. compounded annually
Answers
Answered by
0
Answer: This would take 3 years.
5000(1+10/100)^n=6655
(11/10)^n=6655/5000
(11/10)^n=1331/1000
(11/10)^n=(11/10)³
n=3
Similar questions