16. Determine the years he has to wait to buy a car

Rohit wants to save \(₹\)120000 to buy a self-driving electric car. He deposit \(₹\)100000 in a bank at an interest rate of 4\(\%\) per annum. How many years he has to wait to buy the car using the amount.

 

 

Rohit has to wait _______ years to buy the car using the amount.