Question

6. Sonbeer is a motor mechanic. He works in a workshop. He saves part of his
monthly earning
future. In one year he saves * 24,500. He deposited this amount in a bank for 2 years. The
pays interest at the rate of 8% per annum, compounded half-yearly.
@ How much interest will Sonbeer get after 2 years?
6 What amount will he get from the bank at the end of 2 years?
(c) Which quality does Sonbeer possess?
[Value Based Question​

Answer 1

Answer:

He saves part of his monthly earnings for future. In one year he saves * 24,500. He deposited this amount in a bank for 2 years. ... pays interest at the rate of 8% per annum, compounded ...