A trader deposited sh 300 000 at a bank that paid compound interest at the rate of 5% pa. How much money was in her...

      

A trader deposited sh 300 000 at a bank that paid compound interest at the rate of 5% pa. How much money was in her account in the bank at the end of two years?

A. sh 330 750
B. sh 330 000
C. sh 315 000
D. sh 30 750

  

Answers


Wilfred
The correct answer is [A]

Principle = 300,000
Rate = 5%
Time = 2 years
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Wilfykil answered the question on July 31, 2019 at 13:25


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