A person deposited an amount of 80,000 dinars with a bank on 1/1/2020, and the interest rate that the bank gives on the deposit was 1% annually. If this person withdraws his total entitlements from the bank on 11/1/2020, find any amount The interest paid by the bank to the depositor?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A person deposited an amount of 80,000 dinars with a bank on 1/1/2020, and the interest rate that the bank gives on the deposit was 1% annually. If this person withdraws his total entitlements from the bank on 11/1/2020, find any amount The interest paid by the bank to the depositor? A person borrowed an amount of 5,000 dinars from a bank for a period of 10 months and 2 and a half. If you teach me that the interest rate on borrowing is 8% annually, what is the sum of the amounts owed by the borrower to the bank at the end of the loan term? 3 The commercial and true interest were calculated for the same amount, the same interest rate and the same period of time, and found that the difference between them was 4 dinars. Find the magnitude of each of the two benefits?
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