Shashi make a fix deposit of Rs. 50000 in a Bank for 73 days . If the rate of interest be 6.5% per annum what amount does she get on maturity of FD
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Given:
Fix deposit: Rs. 50,000 for 73 days
rate = 6.5% per annum
50,000 * 6.5% * 73day/365days = 650 interest earned
50,000 + 650 = 50,650
Shashi gets an amount of 50,650 upon the maturity of the fix deposit.
Fix deposit: Rs. 50,000 for 73 days
rate = 6.5% per annum
50,000 * 6.5% * 73day/365days = 650 interest earned
50,000 + 650 = 50,650
Shashi gets an amount of 50,650 upon the maturity of the fix deposit.
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