Accountancy, asked by starmogh9289, 1 year ago

For deposit amount 20000 what is the interest for 46 days for 7% interest

Answers

Answered by CMAstudent

0

P = 20000

n = 46 days

r = 7%

SI = PRN

100

SI = 20000(7)(46)(365)

365(100)

SI = 200(7)(46)

SI = 64400

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