The time in which a sum of money will be double at 5% per annum CI is a.10 years b.12 years c 14.2.years d.none of these Mathematics for finance excise 4D question number 3

Zeeshan · 26 Aug 2024

If you forget the formula then you can do this , take whatever sum you want let's supposse 100 is the principal and rate is given which is 5% do this on calculator 5/100+1×100(principal) = Remember you have to press = (equal to) number of times of the years Type equal to 10 times will show you the ci of 10 years and pressing =12 times will give you ci of 12th year This way you. Can get your ansr even if you don't know formula Type equal to 14 times whatever is the result press M+ Then on the same sum get it's 5% for 4 months and then add it to M+ Then you will get the ci of 14.2 years which will be the ansr

Rohith · 25 Aug 2024

No problem

sanskar · 25 Aug 2024

U want to paper writing tell

sanskar · 25 Aug 2024

Yess

Rohith · 25 Aug 2024

Ok

sanskar · 25 Aug 2024

Check

sanskar · 25 Aug 2024

This is solution

sanskar · 25 Aug 2024

Let Amount - 2000 Principal -1000 Rate 5 pa Time ? Now A = p (1+r)T 2000 = 1000 (1+0.05)t 2000/1000. = (1.05)T 2 = (1.05)t Log 2 = t log 1.05 T = 0.30102645/0.0211870 T = 14.208

Vivan · 25 Aug 2024

14.2

Rohith · 25 Aug 2024

How

Nakul · 25 Aug 2024

14.2