In what time will₹64000 amount to ₹88, 360 at 35/2%per annum, interest being compounded yearly?
Answers
Answered by
3
Answer:
t=2 years
Explanation:
88360=64000(1+0.175)^
1.380625=(1.175)^
(1.175) square=(1.175)^
n=2yrs
or another method
Answer
Correct option is
A
1
2
1
years
CA=P(1+
100
R
)
2t
69821=64000(1+
100
5
)
2t
64000
69821
=(
40
41
)
2t
(
40
41
)
3
=(
40
41
)
2t
3=2t
t=
2
3
Hence The required time is 1
2
1
Years.
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Answered by
3
Answer:
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