Joshua deposited sh.60,000 in a bank paying and interest of 30%. How much will he have in a bank after 2 years 6 months? Can u plz help me step by step
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Answer:
45000
Step-by-step explanation:
p = 60,000
r = 30 percent
t = 21/2 years = 5/2 years
simple interest = prt/100
=( 60,000 * 5 * 30 )/2 *100
= 45000
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