On fixed deposits, Bank X offers an interest of 13.5% per year and Bank Y offers 14.00% per annum. Arianna kept taka one million with Bank X for a year and Tatiana kept the same amount in Bank Y also for a year? How much did Arianna lose at the end of the year in taka?
Created: 6 years ago |
Updated: 2 years ago
best des
Lost interest = P n r = 1000000 x 1 x (14% - 13.5%) = 1000000 x 0.5 / 100 = 5000 TK
Md Azizur Rahman
Founder of Satt
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