Question

Jack
deposits
R10,000 in a bank
that charges an
annual maintenance
fee of 20% on the
principal and gives
zero interest. What
will be the amount
Jack will have after 4
years?

​

Answer 1

Answer:

your answer is 20/100×10000=2000

than you multiply with 2000×4=8000

8000 will be the amount jack will have after 4 years

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