Mathematics · Compound Interest
A sum of ₹2,500 is invested at 6% interest per annum compounded annually. On maturity, the amount payable becomes ₹2,809. Find the time period of the investment.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12 years✓
- 21.5 years
- 32.5 years
- 41 year
Correct answer
2 years
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