Question

Jack deposits 10,000 in a bank that charges an annual maintenance fee of 20 % on the pnncipal and
gives zero interest What will be the amount Jack will have after 4 years?
a) 8000
b) 4096
c) 6400
d) 6600​

Answer 1

Answer:

Simple Interest - Important Formulas; Simple Interest - General Questions; Simple ... A. 3%. B. 4% . C. 5%. D. 6%. E. None of these ... A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple .......

Answer 2

Step-by-step explanation:

➡️➡️➡️✌✌hey mate option A is ur required correct answer

$we \: know \: that \: amount \\ = p \: \times r \: \times t \\ now \: above \: question \: says \: \\ what \: will \: be \: amount \: after \: 4 \: \\ years \: \\ given \: p \: = 10000 \: \\ r \: = 20\% \\ t \: = 4 \: years \: \\ put \: these \: values \: in \: the \: formula \: \\ required \: amount \: = p \times r \times t \\ = 10000 \times \frac{20}{100} \times 4 \\ solving \: this \: we \: get \: 8000 \\ as \: our \: answer$