Science, asked by Saicha3727, 1 year ago

Write your question here (Keep it simple and clear to get the best answer) benifits of light emmintg diod

Answers

Answered by nitishbawatepla1
0

A person opened an account on April, 2011 with a deposit of 800.The account

paid 6% interest compounded quarterly. On October 1 2011 he closed the account and added

enough additional money to invest in a 6 month time-deposit for 1,000, earning 6%

compounded monthly.

(a) How much additional amount did the person invest on October 1?

(b) What was the maturity value of his time deposit on April 1 2012?

(c) How much total interest was earned?

Similar questions