Question

a man deposit rupees 4500 in a bank which pays him and interest of 11% in per year how much simple interest will he get at the end of 5 years

Answer 1

the man would get 6975 rupees on simple interest

Answer 2

Answer:

Step-by-step explanation:

P=4500

R=11%

N=5

A= 4500 (1+11/100)5

4500*111/100*111/100*111/100*111/100*111/100