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a-)A person deposited $10,000 in the bank on January 15, 2021.Since the interest rate is 4%, what will be the interest amount to accrue on
a-)A person deposited $10,000 in the bank on January 15, 2021.Since the interest rate is 4%, what will be the interest amount to accrue on 15 July 2021?
b-) $5,000 deposited in a bank today at an annual interest rate of 12%, how soon will it be $10,000?
The year is 360 days, month will be calculated as 30 days
note: note: I need legible solution with all solution steps. thanks
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