a family saved 40000 in Savings Bank that pays compound interest half-yearly at a rate of 10% per annum what is amount in the fa
mily's account at the end of 2 years and what will be the amount in their account
1 answer:
Step-by-step explanation:
WE know
- A=P(1+r/n)^nt, where A is the amount, P is the principle r is the rate , t is the time and n is the number of interest compounded per unit time
so by suing this formula
- A=40000(1+0.1/2)^2*2
- A=40000(1.2155)
- or, A=48620.25
- therefore the amount is Rs.48620.25
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Answer:
80
Step-by-step explanation:
It's supplementary to angle DAC.
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