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profileAkon Bism
asked 2020-02-05 09:55:36 
You deposited $\$12000$ into a bank account paying $1.5\%$ simple interest per month. You left the money in for $210$ days. Find the interest earned and the amount at the end of those days
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profiledev
answered 2020-02-05 10:17:40 

Rate of interest per annum $=1.5\%×12=18\%$

Interest earned $=12000×\dfrac{18}{100}×\dfrac{210}{365}=1242.74$

Amount at the end of $210$ days $=12000+1242.74=13242.74$

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