Mrs. Welch and her 7 children are shopping at a local grocery store. Each of the children will be allowed to select one box of c
1 answer:
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Answer: The owner reaches at Rs. 56438.28 after 30 years.
Step-by-step explanation:
Since we have given that
Sum = Rs. 17000
Rate of compounded daily = 4%
Number of years = 30 years
So, Using "compound interest formula" we get that :
Hence, The owner reaches at Rs. 56438.28 after 30 years.