in what time will rupees 5400 amount to rupees 6773.76 at 12% per annum per compound interest.
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Answered by
16
Answer:P=5400..
A=P(1+r/100)^n
6773.76=5400(1+12/100)^n
677376/540000=(28/25)^n
784/625=(28/25)^n
(28/25)^2=(28/25)^n
n=2
So time = 2yrs
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Answer:
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