Mr. Tiwari has a saving account in some bank. Following are the entrie

1.	Mr. Tiwari has a saving account in some bank. Following are the entries of his passbook: Dateyear2007ParticularsWithdrawalsRs.PDepositeRs.PBalanceRs.pJanuaryB/F1276.38JanuaryBycheque2307.253583.63March07Toself2000.001583.63March25Bycash6200.007783.63June10Tocheque4500.003283.63July16Byclearing2628.705912.33October20Tocheque524.505387.83October25Toself2700.002687.83November5Bycash1500.004187.83December3Tocheque1000.003187.83December25Bytransfer2927.506115.33 What will be the interest due to him for the year 2007 at 4.5% per annum if the interest is paid once in a year at the end of December? Also, find the total amount that he will receive on 11th January, 2008, if he plans to close his account.
Answer» Mr. Tiwari has a saving account in some bank. Following are the entries of his passbook: $\begin{matrix} D a t e y e a r 2007 & P a r t i c u l a r s & W i t h d r a w a l s R s . P & D e p o s i t e R s . P & B a l a n c e R s . p J a n u a r y & B / F & 1276.38 J a n u a r y & B y c h e q u e & 2307.25 & 3583.63 M a r c h 07 & T o s e l f & 2000.00 & 1583.63 M a r c h 25 & B y c a s h & 6200.00 & 7783.63 J u n e 10 & T o c h e q u e & 4500.00 & 3283.63 J u l y 16 & B y c l e a r i n g & 2628.70 & 5912.33 O c t o b e r 20 & T o c h e q u e & 524.50 & 5387.83 O c t o b e r 25 & T o s e l f & 2700.00 & 2687.83 N o v e m b e r 5 & B y c a s h & 1500.00 & 4187.83 D e c e m b e r 3 & T o c h e q u e & 1000.00 & 3187.83 D e c e m b e r 25 & B y t r a n s f e r & 2927.50 & 6115.33 \end{matrix}$ What will be the interest due to him for the year 2007 at 4.5% per annum if the interest is paid once in a year at the end of December? Also, find the total amount that he will receive on 11th January, 2008, if he plans to close his account.

Mr. Tiwari has a saving account in some bank. Following are the entries of his passbook: Dateyear2007ParticularsWithdrawalsRs.PDepositeRs.PBalanceRs.pJanuaryB/F1276.38JanuaryBycheque2307.253583.63March07Toself2000.001583.63March25Bycash6200.007783.63June10Tocheque4500.003283.63July16Byclearing2628.705912.33October20Tocheque524.505387.83October25Toself2700.002687.83November5Bycash1500.004187.83December3Tocheque1000.003187.83December25Bytransfer2927.506115.33 What will be the interest due to him for the year 2007 at 4.5% per annum if the interest is paid once in a year at the end of December? Also, find the total amount that he will receive on 11th January, 2008, if he plans to close his account.

Answer»

Mr. Tiwari has a saving account in some bank. Following are the entries of his passbook:

$\begin{matrix} D a t e y e a r 2007 & P a r t i c u l a r s & W i t h d r a w a l s R s . P & D e p o s i t e R s . P & B a l a n c e R s . p J a n u a r y & B / F & 1276.38 J a n u a r y & B y c h e q u e & 2307.25 & 3583.63 M a r c h 07 & T o s e l f & 2000.00 & 1583.63 M a r c h 25 & B y c a s h & 6200.00 & 7783.63 J u n e 10 & T o c h e q u e & 4500.00 & 3283.63 J u l y 16 & B y c l e a r i n g & 2628.70 & 5912.33 O c t o b e r 20 & T o c h e q u e & 524.50 & 5387.83 O c t o b e r 25 & T o s e l f & 2700.00 & 2687.83 N o v e m b e r 5 & B y c a s h & 1500.00 & 4187.83 D e c e m b e r 3 & T o c h e q u e & 1000.00 & 3187.83 D e c e m b e r 25 & B y t r a n s f e r & 2927.50 & 6115.33 \end{matrix}$

What will be the interest due to him for the year 2007 at 4.5% per annum if the interest is paid once in a year at the end of December? Also, find the total amount that he will receive on 11th January, 2008, if he plans to close his account.

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