Ask Question
27 April, 12:56

Henry invest 4500 at a compound interest rate of 5% per annum. At the end of n complete years the investment has grown to 5469.78. Find the value of n

+2
Answers (1)
  1. 27 April, 16:43
    0
    4500 x 1.05^n = 5469.78 Solve for n

    n≈4.00001

    n=4
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Henry invest 4500 at a compound interest rate of 5% per annum. At the end of n complete years the investment has grown to 5469.78. Find the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers