John deposited 2500 rupees on the first of January in a bank where interest is
compounded half-year at 6% annual rate. On the first of July, he deposits 2500 rupees
more How much would he have in his account at the end of the year?
Answers
Answered by
0
Answer:
150%
Step-by-step explanation:
deposited=2500
want to find=6%annual rate
2500×6%
=150
Answered by
3
Amount jhon deposited on 1st january =2500
principal after the half year upto july 1st
=2500(1+3/100)
=2500×103/100
=2,575
this is the answer
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