Example An investor Saved #120,000 For 7 years in a bank which pays interest of 11½% per annum Calculate the (A). Interest which accrued. (B). balance if N 25,000 was withdrawn from the account (N 26,270)

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03-12-2022
Mathematics

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Example An investor Saved #120,000 For 7 years in a bank which pays interest of 11½% per annum Calculate the (A). Interest which accrued. (B). balance if N 25,000 was withdrawn from the account (N 26,270)

Sagot :

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