in what time will rupees 10000 amount to Rupees 14641 at 10% per annum compound interest compounded annually
Answers
Answered by
14
Answer:
A=P(1+R/100)^n
14641=10000(1+10/100)^n
14641/10000=(11/10)^n
(11/10)^4=(11/10)^n
hence n = 4 yrs
Answered by
2
Rs.10000 amount to Rupees 14641 at 10% per annum compound interest compounded annually in 4 years
Step-by-step explanation:
Principal = 10000
Amount = 14641
Rate of interest = 10% =0.1
Formula:
So, t= 4
Hence Rs.10000 amount to Rupees 14641 at 10% per annum compound interest compounded annually in 4 years
#Learn more:
Commute the amount and the compound interest on rupees 10000 compounded annually for 5/2 years at 4% per annum
https://brainly.in/question/12950153
Similar questions
Political Science,
6 months ago
English,
6 months ago
India Languages,
6 months ago
Economy,
1 year ago
Math,
1 year ago