A bank offers 5% compound interest calculated on half yearly basis. A computer deposits Rs. 1600 each on January and 1 July of a year. At the end of the year, the amount he would have gained by way of interest?
A bank offers 5% compound interest calculated on half yearly basis. A computer deposits Rs. 1600 each on January and 1 July of a year. At the end of the year, the amount he would have gained by way of interest?
