Mario invested Rs 8,000 in a domain. She would be paid interest at 5% per annum calculated annually. Find the amount credited against her name at end of third year
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Step-by-step explanation:
As "what kind of interest" isn't written, we will use Simple Interest.
(P*R*T)/100= SI
(8000*3*5)/100 = 1200
The total amount credited to her = P + SI
8000 + 1200 = 9200
9200 is your answer.
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