in how many years would RS 430000 become RS 497778.75 at 5% p.a compund interest..? About the author Alexandra

Answer: 3 years Step-by-step explanation: using formula;- future value=R [1+i]^n 497778.75=430000[1+0.05]^n 1.157625=[1.05]^n taking log on b/s log(1.157625)=n log(1.05) n=0.06357/0.02119 n=3 answer Reply

Almost 5 years. Sorry this is not my specialty.

Answer:3 years

Step-by-step explanation:using formula;-

future value=R [1+i]^n

497778.75=430000[1+0.05]^n

1.157625=[1.05]^n

taking log on b/s

log(1.157625)=n log(1.05)

n=0.06357/0.02119

n=3 answer