sahilbhattachan6363 sahilbhattachan6363

19-05-2024
Mathematics

Answered

blems in the Context
(a) Samundra chooses to invest Rs 85,000 in Nepal Bank Limited (NBL), opting for a savings
plan that offers an 8% annual interest rate, compounded semi-annually.
(i) How much interest will Samundra earn from his Rs 85,000 investment after 1 year?
(ii) What will be the total compound amount of Samundra's investment after 1 year?

Answer :

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