Sagini deposited 500,000 shillings in a bank. If the money appreciates by 6% per annum, how much will be in the account after 2 years?

Haya Irene, twende na swali la kwanza.

1. Sagini deposited 500,000 shillings in a bank. If the money appreciates by 6% per annum, how much will be in the account after 2 years?

Hili ni swali la riba ya kiwanja (compound interest) au ukuaji wa thamani (appreciation). Tunatumia formula:

$$A = P\left(1 + \frac{R}{100}\right)^n$$

Ambapo:
$A$ = Kiasi cha pesa baada ya miaka $n$
$P$ = Kiasi cha awali (Principal amount) = sh 500,000
$R$ = Kiwango cha ukuaji (Rate of appreciation) = 6%
$n$ = Idadi ya miaka = 2