Question

Faiz invests₹80,000 in bank account.The bank pays 6% interest compounded annually.In how many years will faiz's money worth more than one lakh rupees?​

Answer 1

Step-by-step explanation:

interest amout 80000*6/100 =4800

for total interest of 4 y=19200

intest of 2 m0nth 15 800

4 year 2 month 12 days for amoun t one lakh