in what time will Rs 3000 amount to Rs 5184 at compound interest of 12%
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sorry i dont no the answer
swar3:
eat goo
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P= Rs 3000
A= Rs 5184
R= 12%
HENCE, A=P[1+R/100]^N
⇒5184=3000[1+12/100]^N
⇒(112/100)^N=5184/3000
⇒(1.12)^N=(1.12)^5
∴N=5 YRS.
A= Rs 5184
R= 12%
HENCE, A=P[1+R/100]^N
⇒5184=3000[1+12/100]^N
⇒(112/100)^N=5184/3000
⇒(1.12)^N=(1.12)^5
∴N=5 YRS.
how did you get that 5
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