37. A credit balance of # 750 stands in current account of Sunil on 1st January, 2003. The Bank allows interest at 4% per annum on each 30th June and 31st December and charges -% as collection charges. The Bank collect cheques of # 250 and makes payment of # 200 at the end of each month for him. What balance will stand to the credit of his account on 30th June ?
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754
Step-by-step explanation:
750 + 4 = 754
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