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KatRina [158]
3 years ago
13

debt A sum of $80000 cam Rs 31000 due in 3 years and a debt of Rs 2000 due in 4 years is to be Paid by single payments 4 years h

ence, Let the current rate of interest be 5% per annum and be compounded annually What should be the single payment due?​
Mathematics
1 answer:
Gennadij [26K]3 years ago
5 0

Answer:

551.25

im sorry if its wrong

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stiks02 [169]

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hello,

Step-by-step explanation:

u_1=2=2*3^0\\u_2=6=2*3^1\\u_3=18=2*3^2\\u_4=54=2*3^3\\\\....\\u_n=2*3^{n-1}\geq 100000\\\\3^{n-1}\geq 50000\\\\(n-1)*ln(3)\geq ln(50000)\\\\n-1\geq 9,848586...\\\\n\geq 10.848586....\\\\\boxed{n=11}\\

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