Question

in what time will a sum of 3750 of 20% per annum compounded annually amount to 6480 rupees​

Answer 1

Answer:

it retorical question about the hermit

Step-by-step explanation:

it retorical question about the hermit responded

Answer 2

Answer:

3 years

Step-by-step explanation:

let the time period be n

here it is compounded annually

so formula is amount =principal (1+r/100)^n

or,6480=3750 (1+20/100)^n

or, 648/375=(120/100)^n

or, (6*6*6*3)/(5*5*5*3)= (6/5)^n

or, (6*6*6)/(5*5*5)=(6/5)^n

or, (6/5)^3= (6/5)^n

or, n= 3

so the required time is 3 yrs