Ngoko deposited sh 120,000 in a bank that gave compound interest at the rate of 6% per annum. What was the amount in the bank...

      

Ngoko deposited sh 120,000 in a bank that gave compound interest at the rate of 6% per annum. What was the amount in the bank after 2 years?

A. sh 134,832
B. sh 134,400
C. sh 127,200
D. sh 14,832

  

Answers


Wilfred
The correct answer is [A]

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= 7632
- Amount = 120,000 + 7200 + 7632 = 134832
Wilfykil answered the question on July 30, 2019 at 09:28


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