Joseph deposited Rs 15000/- in a bank at the rate of 10% interest. Raf

1.	Joseph deposited Rs 15000/- in a bank at the rate of 10% interest. Rafeekdeposited Rs 15000/- in another bank at the rate of 10% compound interest. a) After 29 years, how much amount would Joseph get back? b) After 2 years, how much amount would Rafeeq get back?
Answer» Answer: d) After 29 YEARS how much AMOUNT would RAFEEQ GET back

Joseph deposited Rs 15000/- in a bank at the rate of 10% interest. Rafeekdeposited Rs 15000/- in another bank at the rate of 10% compound interest. a) After 29 years, how much amount would Joseph get back? b) After 2 years, how much amount would Rafeeq get back?

Answer»

Answer:

d) After 29 YEARS how much AMOUNT would RAFEEQ GET back