Sunil invested rs8192 at the rate if 12 5% per annum compounded anually He received rs 13122 in n - Maths - Fractions and Decimals

Question

Sunil invested rs8192 at the rate if 12 5% per annum compounded
anually He received rs 13122 in n years Find the value of n

Manbar Singh · Accepted Answer

We have,principal, P = Rs 8192Rate, R = 12
5% p a
Time, n = ?Amount, A = Rs 13122Now, A = P1 + R100n⇒13122 = 81921 + 12
5100n⇒131228192 = 1 + 1251000n⇒65614096 = 98n⇒984 = 98n⇒n = 4

Sunil invested rs8192 at the rate if 12.5% per annum compounded anually .He received rs 13122 in n years. Find the value of n.