English, asked by sachinmaurya2955, 9 months ago

Assume that it is now Jan 1, 2016. Today you deposit $1,000 in bank deposits that calculates 8% interest semiannually. How much will you have in your account on Jan 1, 2020?

Answers

Answered by cherryjain452

2

Answer:

1000*8%=80 $ per annum

80*4=360

1000+360=1350$

hope you got it

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