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  • 23-10-2020
  • Business
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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?

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strunjas
strunjas strunjas
  • 23-10-2020

Answer:

400

Explanation:

(8%×50)×100=

(8/100×50)×100=

(8/2)×100=

4×100=

400

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