Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5 % compounded daily.Find his amount of interest
A) 5678
B) 4563
C) 4329
D) 6210.73
Answer: D) 6210.73
Explanation:
Bob receives 15-3 = 12 months of 3.5 % interest compounded daily
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Excluding the stoppages, the speed of a bus is 64 km/hr and including the stoppages the speed o the bus is 48km/hr. For how many minutes does the bus stop per hour?
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A sum of Rs. 731 is divided among A,B and C, such that 'A' receives 255 more than 'B' and 'B' receives 25% less than 'C'. What is 'C' s share in the amount?
