You have a lot of money and put it in fixed deposit at 7% interest but after a month the interest increased up to 15% in fixed deposit. Write a letter to your friend explaining how you feel and what mistakes you made there?
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Answer:
What do you know of trench warfare
The battle of marne is a memorable for trench warfare.
Trenches or ditches dug by troops enabled soldiers to safely stand and protect themselves from enemy fire.
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Explanation:
It is calculated by multiplying the principal, rate of interest and the time period. The formula for Simple Interest (SI) is “principal x rate of interest x time period divided by 100” or (P x Rx T/100).
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