Question

In what time will Rs 15625 amount to Rs 17576 at 4% per annum compound interest?​

Answer 1

HERE IS UR ANSWER BRO!!!

175 + 6 = 15625 ( 1 + 4/100)n

Therefore,

17576/15625 = ( 26/25)n

Therefore,

( 26/25 )³ = ( 26/25)³

n = 3

After 3 years.......

Hope it helps u bro!!!!

Have a nice day......