ICSE Class 10 Answered
P=300 rate 4 mv 7725
Time find
Asked by maa18378 | 06 Mar, 2019, 10:52: AM
Expert Answer
A = p [ 1 + (r/100) ]n
It is assumed rate 4 means , 4% rate of interest per year
300 [ 1 + (4/100) ]n = 7725 or [ 1 + (4/100) ]n = 25.75 or (1.04)n = 25.75
n can be calculated by taking log on both sides ,
n log(1.04) = log(25.75) or n = log(25.75) / log(1.04) ≈ 83 year ( too long period ! )
Answered by Thiyagarajan K | 06 Mar, 2019, 02:38: PM
Application Videos
Concept Videos
ICSE 10 - Maths
Asked by sagarmishra | 15 Mar, 2024, 03:22: PM
ANSWERED BY EXPERT
ICSE 10 - Maths
Asked by jesnamariaroy2626 | 10 Mar, 2024, 11:28: AM
ANSWERED BY EXPERT
ICSE 10 - Maths
Asked by vrj.parmar369 | 07 Mar, 2024, 11:27: AM
ANSWERED BY EXPERT
ICSE 10 - Maths
Asked by mangadoddiswarnalatha | 19 Feb, 2024, 06:03: AM
ANSWERED BY EXPERT
ICSE 10 - Maths
Asked by san.dhole121409 | 09 Feb, 2024, 12:25: AM
ANSWERED BY EXPERT