Grandpa Henry wants to help pay for college for his grandson, Little George. He is currently 8 years old. Grandpa Henry makes a one-time deposit of Aed 50,000 for 10 years at a rate of 7% per annum in Bank of Baroda. a) Calculate the interest.
b) Using which formula can you find the above?
c) Find the amount Grandpa Henry will get from the for his grandson's education. bank after 10 years
d)What life lesson did you learn from Grandpa's character?
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