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ITMC 2018 Grade 6 National Preliminary set01 Question 26

ITMC · ITMC 2018 Grade 6 National Preliminary set01

Question 26

If the answer is not an integer, give the nearest integer. If the calculated answer has more than five digits, give its last five digits.

A bank offers new accounts 3% annual interest, calculated daily using 365 days per year. Today John deposits 250,000 baht, and interest starts today. At the end of today he earns $x$ baht interest. What integer is nearest to $x$? (Baht is Thailand’s currency.)