Kitonga deposited Ksh 50000 in a bank which paid compound interest at the rate of 10% per annum. Find the compound interest accrued by the end of the fourth year.

Class: Form 3

Subject: Mathematics

Topic: Commercial Arithmetic 2

Lesson Summary

Kitonga deposited Ksh50000 in a bank which paid compound interest at the rate of 10% per annum. Find the compound interest accrued by the end of the fourth year.

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