in how many years would RS 430000 become RS 497778.75 at 5% p.a compund interest..?​

in how many years would RS 430000 become RS 497778.75 at 5% p.a compund interest..?​

2 thoughts on “in how many years would RS 430000 become RS 497778.75 at 5% p.a compund interest..?​”

  1. 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

Leave a Comment