jabbar2k11 jabbar2k11
  • 23-10-2020
  • Business
contestada

If you deposit Rs.100 in the bank today and it earns interest at a rate of 8% compounded annually, how much will be in the account 50 years from today?

Respuesta :

strunjas
strunjas strunjas
  • 23-10-2020

Answer:

400

Explanation:

(8%×50)×100=

(8/100×50)×100=

(8/2)×100=

4×100=

400

Answer Link

Otras preguntas

What is the derivative of y=ln(sec(x)+tan(x))y=ln(sec(x)+tan(x))?
what is 45 percent as a fraction
what is produced during transcription
Why do cells need a selectively permeable barrier?
which of the following is NOT a true statement about socialism? a) there are different forms of socialism b) utopian socialism is a very idealistic Version of s
Is it reasonable to conclude that all mammals could have evolved from a common ancestor?
why its important to líne up decimals.
Monica paid sales tax of $1.50 when she bought a new bike helmet. If the sales tax rate was 5%, how much did the store charge for helmet before tax?
how was France drawn into world war 1
Which of the following best summarizes the significance of the Renaissance? A. Schools began to teach classical Greek and Roman works and rejected more recent C