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In how many years will Rs 1600 amount to Rs 1936 at 10% annum whencompounded annually? |
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Answer» T I O N :PRINCIPAL, (P) = Rs.1600Amount, (A) = Rs.1936Rate, (R) = 10% p.aAs we KNOW that FORMULA of the compounded annually;A/qThus,The period of the Interest will be 2 years . |
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