In how many years will ₹1800 amount to ₹2178 at 10%per annum Compounded annually.
Asked by Cl_narayan | 12th Dec, 2019, 09:24: PM
Given that P = Rs. 1800, A = Rs. 2178, i = 10% p.a.
A = P(1 + i)n
2178 = 1800(1.1)n
1.1n = 1.21
1.1n = 1.12
n = 2
In 2 years will ₹1800 amount to ₹2178 at 10%per annum Compounded annually.
Answered by Sneha shidid | 13th Dec, 2019, 09:52: AM
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