Question

Q.3. (In what time will Rs. 5000 amount to Rs. 6655 at 10% p.a., compounded annually.​

Answer 1

Answer:

3.3 years

Step-by-step explanation:

p=5000

a=6655

so,i=6655-5000=1655

r=10%

t=(1655×100)/(5000×10)

=3.31~3.3 YEARS

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