Mathematics, 14.04.2021 04:10 angi17e
1. On 4 June 2010, John saved 2,000 in an account that offered simple interest
rate 10% per annum. Find the amount in the account on 1 December 2010 using
exact time and exact simple interest.(2098.63)
2. A sum of money was deposited on 2 January 2007 in an investment fund which
offered 10% simple interest. On 30 June 2007, 12499 was withdrawn from the
fund. Find the initial deposit using Banker's rule.(11906.96)
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Answers: 2
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1. On 4 June 2010, John saved 2,000 in an account that offered simple interest
rate 10% per annum....
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