a bank house 9% annual simple interest on fixed deposit for 5 year calculate the interest earned on the fixed deposit of rupees 15000 for 5 years
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Step-by-step explanation:
principal=Rs 15,000
R= 9%
T=5 years
S.I = 15000×9×5 /100 =Rs 6750
the simple interest after 2 years will be Rs 6750
A=P+1 = 15000+6750 =21750
The amount a person will get after 5 years will be
Rs 21750
if you can't understand my answer then see the attachment this is the example of same question but numbers are different Then you may not be bothered about it
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