John deposits 2000 in a bank the bank pays interest at 8% p.a. find the interest and the amount to be received by him after 3 years
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Answer:
interest=480 amount received by him after 3yrs=2480
Step-by-step explanation:
I=P×R×T/100
=2000×8×3/100
=480
A=P+I
A=2000+480
=2480
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