Question

plz ans the above question

Answer 1

A = 8192

P = 6750

r = 62/3% = 20/3% = 20/300 = 1/15

A = P(1 +r/100)^t

8192 = 6750 (1+1/15)^t

8192/6750 = (16/15)^t

4096 / 3375 = (16/15)^t

(16/15)^3 = (16/15)^t

So, t = 3 years


Hope it helps