18. A person deposited Rs. 6000 in a bank for 2 years.At the end of the year, he withdrew Rs. 500. How much does he get from the bank at the end of the second year interest paid at rate of 8%p.a. compounded annually?
(1) Rs. 6500
(2) Rs. 6725
(3) Rs. 7000
(4) Rs. 6025
Answers
Answered by
0
Answer:
6458.4
Step-by-step explanation:
amount after 1 yr = 6000 + 8% of 6000
= 6480
A for 2nd yr = 6480-500 = 5980
at the end of 2nd yr A
= 5980 + 8% of 5980 = Rs 6458.4
Answered by
0
Answer:
A PERSON DEPOSITED IN A BANK FOR IN A NUMBE
Step-by-step explanation:
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