SOLUTION: A saver deposits 240000 in a bank which pays compound interest at 9.5% per annunciation half yearly. Find the amount in the bank at the end of one year.

Question 1190836: A saver deposits 240000 in a bank which pays compound interest at 9.5% per annunciation half yearly. Find the amount in the bank at the end of one year.
Answer by ikleyn(52788) (Show Source): You can put this solution on YOUR website!

annunciation

noun
the announcement of the Incarnation by the angel Gabriel to Mary (Luke 1:26 - 38).
the church festival commemorating this, held on March 25 (Lady Day).
FORMAL•ARCHAIC
the announcement of something.
"the annunciation of a set of rules applying to the relationships between states"

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