Manju deposited18,000 at 6% pcr annum for 2 years in a bank. If the in – InterviewSolution

1.	Manju deposited18,000 at 6% pcr annum for 2 years in a bank. If the interest is calculatedhalf-yearly, what amount will she get after 2 years?
Answer» A=18000(1+6/200)(1+6/200)(1+6/200)(1+6/200) =18000(1.03)(1.03)(1.03)(1.03) =20,259.15858

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