a person deposit 50000 rupees in a bank which pays 6% interest compounded annually. how much would he get back after 2 years?
pls answer right. if u don't know just don't reply anything or I'll report he/she.
pls answer right. if u don't know just don't reply anything or I'll report he/she.
Answers & Comments
56180
Step-by-step explanation:
50000x6%=3000
so,1 year it is 3000 intrest than
53000
2year
iit ill be
53000x6%=3180
53000+3180=56180
so 2 years it will be 56180