Annabel9554
17.03.2021 •
Mathematics
Question 28
28. The time taken for 5,000 to amount to * 5,408 at 4% per annum compoun
interest is
years.
a) 1
b) 2
c) 3
d) 4
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Ответ:
Given Rate of interest is r=8%=0.08
Principal Amount is A=5,000
Time is t years
Interest is compounded yearly twice ⟹n=2
Amount =P(1+
n
r
)
nt
=5000×(1+
2
0.08
)
2t
=5,408
(1.0816)
t
=
5000
5408
⟹t=1
Ответ:
2
Step-by-step explanation: