# A woman deposits 600 with 6% annual loan. If she withdraws all the money in the account after 120 days how much does she withdraw?

$= 611.8356$

#### Explanation:

The simple interest on $600$ at an annual rate of 6% in $120$days or $\frac{120}{365}$ years, is

$= 600 \setminus \times \frac{6}{100} \setminus \times \frac{120}{365}$

$= 11.8356$

hence, total money withdrawn by woman in $120$ days will be equal to the sum of principle & simple interest as follows

$600 + 11.8356$

$= 611.8356$