Question

What amount will Reena get by investing * 4,500 at4½ percentage per annum for September 8 to November 20 of year 2015
Give step by step explanation​

Answer 1

Answer:

Rs 4523.30

Step-by-step explanation:

Number of days =22 days(in september)+20 days (November )

=42 days

SI=(4500×9×42)/2×100×365

=Rs 23.20

Amount =4500+23.30

=4523.30