ganesh deposited 50000 in a bank for2 years at 9%. pa compound intrrst waht amount will ganesh get at the end of 2 years
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Principal = 50000
Time = 2 years
Rate = 9%
SI = 50000×2×9/100= 9000
Amount = P+SI
= 50000+9000= Rs.59000
Time = 2 years
Rate = 9%
SI = 50000×2×9/100= 9000
Amount = P+SI
= 50000+9000= Rs.59000
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