# math

posted by .

A savings account opened 3 months ago now has a balance of Rs. 20,400. If the bank pays 8 percent p.a. Simple interest, how much money was deposited?

## Similar Questions

1. ### math

We deposited 7,500 dollars into a savings account which pays 3.6 percent annual interest, compound quarterly.How long after the money is deposited will the account balance be 9,750 dollars?
2. ### value of money

Deposits of \$1,000, \$1,100 and \$680 were made into a savings account, the first two years ago, the second 18 months ago, the third 6 months ago. How much is in the account now if the interest on all deposits is 12% compounded semi-annually?
3. ### math

Evelyn opened a savings account that pays 7.5% simple interest. She deposited \$450.how much interest will evelyn earn after 3 yeas
4. ### math

Kelly opened a savings account with \$500 she received at 8th grade graduation four years ago. The account pays 2.5 percent compounded daily. How much should be in the account now?
5. ### math

37. A person deposited \$500 in a savings account that pays 5% annual interest that is compounded yearly. At the end of 10 years, how much money will be in the savings account?
6. ### math

Samantha opened a savings account and deposited some money into the account. The account pays an annual simple interest rate of 5%. After 9 years, the interest earned on the account was \$1,800. How much money did Samantha deposit in …
7. ### Math

a person deposited \$500 in a savings account that pays 5% annual interest that is compounded yearly. at the end of 10 years, how much money will ve in the savings account?
8. ### Math

1. When their child was born, Elaine and Mike Porter deposited \$5,000 in a savings account. The money ears interest at 6 percent compounded quarterly. How much will the account be worth when their child celebrates her second birthday?
9. ### math

Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 11%. After 13 years, the interest earned on the account is \$5720. How much money …
10. ### math

Suppose you deposit \$275.00 in your savings account on December 31. Your bank pays 3 percent annual interest on savings accounts. If you do not deposit any more money into the account, what would be the balance on December 31 of the …

More Similar Questions