Question

A man invests 40,000 at 4% p.a compound interest for 2 years. Calculate the
following:
i)The interest for the first year.
ii) The interest for the second year.
iii) The amount that the man will receive after 2 years.​

Answer 1

Answer:

Step-by-step explanation:

iii)

Answer 2

Step-by-step explanation:

Interest for 1st year= 1600

Interest for 2nd year=1664

Amount received at end of 2nd year = 43264

hope it helps............

purple you...........

plz mark Brainliest...........

Plz be my friend in brainly...........