Math, asked by SachinPrakash3915, 2 months ago

A school rich benefactor wants to deposit a certain sum in an account paying simple interest at 10.5% so that it will produce interest of £1200 per year, to pay for scholarships. How much should she deposit?

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Answered by bhunikasharma

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interest at 10.5% so that it will produce interest of £1200 per year, to pay for scholarships. How much should she deposit? 5. ... A school's rich benefactor wants to deposit a certain sum in an account ...

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