Answer:
principal=1600
rate=5%
amount=1920
time=x
interest=p*t*r/100
=1600*x*5/100
=8000x/100
80x
amount=principal +interest
1920=1600+80x
1920-1600=80x
320/80=x
4=x
therefore after 5 years 1600 amount to 1920 at the rate of 5%
Step-by-step explanation:
