Usha deposited rupees 1200 in a finance company which pays 3.5% interest per vear. Find the
amount she is expected to get after 4 years.
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Answer:
in this question it is not mentioned whether interest is simple interest or compound interest
Step-by-step explanation:
simple interest=(principle amount ×rate×time)/100
=(1200×3.5×4)/100
=16800/100
=168 rs interest
total amount=1200+168=1368rs
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