in what time will 625 amount to 676 at 4% per annum compound interest
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Answered by
6
Answer:
2 years
Step-by-step explanation:
A=p (1+r%)^n
676=625 (1+4/100)^n
676/626=(26/25)^n
(26/26)^2=(26/25)^n
^2=^n
n=2 years
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2
Answer:
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