yuhhhh101
Answered

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Alex deposits ₹ 12000 in a bank for 4 1/2
years at a rate of 6.5% per annum. Find the amount he will receive after 4 1/2
years

Sagot :

antoniobrioli

Answer:

12780

Step-by-step explanation:

The amount of money Alex would receive at the end of 41/2 years is ₹15,510.

The amount of money Alex would receive at the end of 41/2 years is the sum of the interest he would earn and the amount of money he deposited.

Interest = principal x time x interest rate

12,000 x 4.5 x 0.065 = 3510

The amount of money Alex would receive = 3510 + 12,000 = 15,510

To learn more about interest, please check: https://brainly.com/question/24580666

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