Math, asked by swn143, 10 months ago

A) Lily deposits Rs. 4,00,000 in a bank at simple interest rate of 4.5% per year.
i) What is the total amount of interest earned by Lily at the end of the 7 years?
ii) What is the total amount that Lily would receive at the end of 7 years as Maturity Value?
?

Answers

Answered by priyankarikpaul

0

Answer:

a) 126000

b)526000

Step-by-step explanation:

a) (400000*4.5*7)/100

b) (a) + 400000

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