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Test # 94


1.
A bank offers 20% interest rate compounded half yearly. A man deposits Rs 5,000 at the start of every year. If he plans to withdraw Rs 10,000 at the end of 2nd year and no withdrawals afterwards, What will be the amount held in his account after 3 years?

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Quantitative Aptitude
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Idiom of the Day

a hatchet man
a politician whose job it is to say negative things about the opposition, a person in a company who must fire extra workers or cut other expenses
The manager is acting as a hatchet man for the company president.

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