Question

Principle given = 1600
Rate = 9%
M.V = 65592
Find Time ?​

Answer 1

Answer:

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Step-by-step explanation:

Principal = 2000

Rate of interest = 10% = 0.1

Amount = Rs.83100

No. of compounds per year = n = 12

A=P(1+\frac{r}{n})^{nt}

83100=2000(1+\frac{0.1}{12})^{12t}

\frac{83100}{2000}=(1+\frac{0.1}{12})^{12t}

41.55=(1+\frac{0.1}{12})^{12t}

t=37.42

So, it will take Approx 36 months

Answer 2

Answer:

3 year

Step-by-step explanation:

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