please solve this word problem and take a pic of your answer and send to me and don't unless answer give me please fast and solve my problem please be fast it's urgent....
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Solution
Given:-
- Amount (A) = 2809 Rs.
- Principal (P) = 2500 Rs.
- Rate (R) = 6%
Find:-
- Time (n) = ?
Explanation
Amount Formula
★ A = P* [ 1 + R/100]^(n)
So,
==> A = 2500 × [ 1 + 6/100]^(n)
==> 2809/2500 = [ (100+6)/100]^(n)
==> 2809/2500 = [106/100]^(n)
==> 2809/2500 = [53/50]^(n)
==> [53/50]² = [53/50]^(n)
We know,
if a^p = a^q , so, it will be
- p = q
Then,
== > 2 = n
Or,
==> n = 2
Hence
- Time will be (T) = 2 years
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