Find the number of years after which Rs 4,000 so that it can amount to

1.	Find the number of years after which Rs 4,000 so that it can amount to Rs 4,630.50 in 3 years
Answer» Answer: = principal AMOUNT =4000 c = compounded amount = 4630.5 n= no.of years = ? i = RATE of INTEREST per annum = 5% we know that c = p((1+i)^n 4530.5 = 4000((1+5%)^n 4530.5= 4000((1+0.05)^n 4530.5 = 4000((1.05)^n 4530.5/4000 = (1.05)^n 1.132625 = (1.05)^n (1.05)^3 = (1.05)^n powers are equal ..equate the powers.... n = 3.. so no.of uyears are 3 Step-by-step explanation:

Find the number of years after which Rs 4,000 so that it can amount to Rs 4,630.50 in 3 years

Answer»

Answer:

= principal AMOUNT =4000

c = compounded amount = 4630.5

n= no.of years = ?

i = RATE of INTEREST per annum = 5%

we know that c = p((1+i)^n

4530.5 = 4000((1+5%)^n

4530.5= 4000((1+0.05)^n

4530.5 = 4000((1.05)^n

4530.5/4000 = (1.05)^n

1.132625 = (1.05)^n

(1.05)^3 = (1.05)^n

powers are equal ..equate the powers....

n = 3.. so no.of uyears are 3

Step-by-step explanation:

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Find the number of years after which Rs 4,000 so that it can amount to Rs 4,630.50 in 3 years​

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Find the number of years after which Rs 4,000 so that it can amount to Rs 4,630.50 in 3 years