Razan deposits rupees 4200 in his saving amount will he get after 3 years if bank is paying interest at the rate of 6.25 % per annum
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Answer:
Hey let's solve
Step-by-step explanation:
Principal= Rs 4200
Time = 3 years
Rate it interest= 6.25%
Formula
A= P (1+r)^t
A= 4200(1+ 0.0625)^3
A = 5037.74
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