calculate the interest earned. $25,000 at 5 % for 10 years
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Answer:
Interest = P × T × R
100
interest = ₹25,000 × 5 × 10
100
Interest = ₹250 × 5 × 10
= ₹250 × 50
= ₹12,500
Amount = ₹25,000 + ₹12,500
= ₹37,500
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