a man deposited 50000 in a bank when the interesting caluculating quarterly at the annual rate 8%.calculaye the amount he will get after 9 months?
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Answer:
53,000 tk
Step-by-step explanation:
Given,
Principal = 50000 tk.
Rate of profit = 8%
Time = 9 months
= 0.75 years
Amount he will get after 9 months = 50000 + ( 50000 × 0.08× 0.75)
= 50000+ 3000
= 53,000 tk.
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