Answer:
$54080
Step-by-step explanation:
Step one:
given
principal= Rs. 50000
rate= 4%= 0.04
time= 2 years
Required
The final Amount A
Step two
Applying
A= P(1+r)^t
substitute
A= 50000(1+0.04)^t
A= 50000(1.04)^2
A= 50000*1.0816
A= 54080
$54080
Ok so nevermind i won't help
This is a scholarship.
Student loans must be repaid; grants are given usually without those types of restrictions; and student work involves a student having an on-campus job.