Question

annum calculated on a half-yearly basis. A customer deposits `4879 each on 1 January and 1 July of a year. At the end of the year, the amount he would have gained by way of interest is ______. [Give your answer correct to 2 decimal places.]

• A. `503.29
• B. `524.58
• C. `513.29
• D. `521.27

Answer 1

Answer: (A)