Business Studies, asked by suhanakarishma8566, 10 months ago

A saving account opened 3 months ago now has balance of rs.2040 . If the bank pays 8% simple interest ,how much money was deposited?

Answers

Answered by Anonymous
0

Explanation:

Five years after the release of the movie 12 Years A Slave, ... He had hired Bass to do work on his home. ... “the guy was unhappy with his marriage; he got as far ...

Answered by rahularyan720
1

Explanation:

To determine the interest earned on a CD during a bank statement period, divide the annual interest rate by the number bank statement periods in a year. For example, if your bank pays 5 percent interest annually and there are 12 bank statement periods in a year, divide 5 percent by 12, which is 0.417 percent.

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