Question

Radhika deposited 24,000 in her bank
account at an interest rate of 4.5% p.a. After
how many years would she earn * 1,800 as
an interest?​

Answer 1

Answer:

1.67 year=2 years (approx)

Answer 2

Answer:

20 months

Step-by-step explanation:

I= Prn /100

Where I = interest, P= amount deposited,R= Rate of interest, N= time for amount invested in year

N= (I*100)/Pr

= $\frac{1800*100}{24000*4.5}$

=10/6 year

=(10/6)*12 months

=20 months