Math, asked by sharmanityananda2, 2 months ago

(D) 12 OR
(C) 6
1. Ritesh deposits in the bank Rs. 9,300 for 8 months at 5% per annum rate of interest. Find
the amount he will receive from the bank at the end of the period.​

Answers

Answered by radhasharma151090
0

Answer:

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Answered by kishorkumarneog3
0

Step-by-step explanation:

Given,

p=9300, r=5%, n=8 months = 8 /12=2/3

Ritesh received money in the bank at 5%=PRN/100

=9300*5*2/3*100

=310

Therefore, the amount Ritesh will receive from the bank at the end of the period=9300+310=9,610

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