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Question: Five years ago, Tk. 1,200 was deposited into a savings account paying 4.5% interest. Today, the balance in the account is Tk. 1,495. If interest paid on the account was compounded annually, how much interest on interest was earned?
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Question: Five years ago, Tk. 1,200 was deposited into a savings account paying 4.5% interest. Today, the balance in the account is Tk. 1,495. If interest paid on the account was compounded annually, how much interest on interest was earned?
Question 1: Five years ago, Tk. 1,200 was deposited into a savings account paying 4.5% interest. Today, the balance in the account is Tk. 1,495. If interest paid on the account was compounded annually, how much interest on interest was earned?
View topic: শতকরা ও লাভ-ক্ষতি (Percentage and Profit and loss)
Tk 25.00
Tk. 93.10
Tk. 102.39
Tk. 130.28
Source: Mutual Trust Bank ltd - Probationary Officer - 2016
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Answer: Tk 25.00
Explanation:
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