Question: Answer within 20 minutes. Answer must be correct. If you answer within 20 minutes I will give you 3 upvote. Do not use any excel
Answer within 20 minutes. Answer must be correct. If you answer within 20 minutes I will give you 3 upvote. Do not use any excel file for answer. Use word file/Hand written. Please fast.

Problem 2: Suppose Amit deposited BDT 500,000 in a bank 4 years 6 months ago. The bank pays an annual interest of 6.75%. a. If he withdraws the money today, how much would he receive? [2.5 marks] b. How long would it take for the initial deposit to grow 2.5 times? [2.5 marks]
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
