Question

Ramesh invested 5000 for 4 years at 4% per annum. How much interest will get after 3 years​

Answer 1

Answer:

5600

Step-by-step explanation:

$5000 \times 3 \times 4 \div 100 \\ = 50 \times 3 \times 4 \\ = 50 \times 12 \\ = 600 \\ 5000 + 600 = 5600$