in what time will a sum of rs 3750 at 20% p.a compounded annually amount to rs 6480
Answers
Answered by
66
Heya friend,
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A = P(1+R/100)^n
=> 6,480 = 3,750(1+20/100)^n
=> 6,480/3,750 = (100+20/100)^n
=> 216/125 = (120/100)^n
=> (6/5)^3 = (6/5)^n
=> n = 3 years
Hence, in 3 years a sum of ₹3,750 at 20 % per annum compounded annually.
Thanks
With regards@
Tanisha
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A = P(1+R/100)^n
=> 6,480 = 3,750(1+20/100)^n
=> 6,480/3,750 = (100+20/100)^n
=> 216/125 = (120/100)^n
=> (6/5)^3 = (6/5)^n
=> n = 3 years
Hence, in 3 years a sum of ₹3,750 at 20 % per annum compounded annually.
Thanks
With regards@
Tanisha
jiya53:
thanks aap konsi class me padte ho
Answered by
45
Hello,
we have:
P(principle)=rs 3750;
A(amount)=rs 6480;
R(rate)=20% p.a
n=time
Then:
;
;
;
;
;
n=3
Hence,the required teme is 3 years.
bye :-)
we have:
P(principle)=rs 3750;
A(amount)=rs 6480;
R(rate)=20% p.a
n=time
Then:
;
;
;
;
;
n=3
Hence,the required teme is 3 years.
bye :-)
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