in how much time will a sum of money amount to 4/3 of it self at 50/3% p.a.​

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in how much time will a sum of money amount to 4/3 of it self at 50/3% p.a.​

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Kinsley 3 weeks 2021-08-23T04:26:40+00:00 1 Answer 0 views 0

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    2021-08-23T04:28:07+00:00

    Answer:

    Time = 6 yrs

    Step-by-step explanation:

    Let sum of money be x

    Amount = 4/3 of x

    A = \frac{4x}{3}

    Interest = Amount – Principal

    I = \frac{4x}{3} - x

    I = \frac{4x-3x}{3}

    I = \frac{x}{3}

    Time = \frac{I * 100}{P * T}

    T = \frac{x*100}{3*x*50/3}

    T = \frac{x*100*3}{x*50}

    T = 6 yrs

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