13. Mrs. Poonam opened a saving bank account on 23rd July, 2005 with a deposit of 2600. She closed heraccount on 4th October of the same year. If the bank paid him 6% interest, what amount did She receive?
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Explanation:
P=2600
T = 23 July 2.016 to 4th October 2016
July 8 days
August 31 = days September 30 days
October = 4 days
73 days
73 365 yrs = 1 5 yrs
Rate= 6.1 p.a.
SI = PXRX T
100 @
= 2688x & XI
100 x 5
5
SI = 2231-20
Now
A = P + SI
= 2600+ 7231.20
= 22631.20 s
= 156 =231.2
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