The entries in the passbook of a Saving Bank Account holder are as follows:
Rate of interest is 5% per annum. calculate the interest due if the account is closed on:
(i) September 29,1986
(ii) October 1,1986
(i) If the account is dosed on Sept 29, 1986, then month of Sept., will not earn interest and principal for one month Rs. 16,800.
