Aman invests ₹4000 in a bank at a certain rate of interest, compounded annually. If the ratio of the value of the investment after 3 years to the valu...

Question

Aman invests ₹4000 in a bank at a certain rate of interest, compounded annually. If the ratio of the value of the investment after 3 years to the value of the investment after 5 years is 25:36, then the minimum number of years required for the value of the investment to exceed ₹20000 is:

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compound interestratiosexponential growthcat 2024

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