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How much amount would a person receive if he invests a sum of Rs 13500 at the rate of 6.5% of simple interest...........

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How much amount would a person receive if he invests a sum of Rs 13500 at the rate of 6.5% of simple interest for 13 years in bank?
Please note that the bank levies a charge of Rs. 125 on every fixed deposit.

posted Jul 3 by Vishal

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1 Answer

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Rs. 13500 + Rs. 13500*0.065*13- Rs.125= Rs. 24782.5

answer Jul 3 by Hanifa Mammadov
Correct



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