Question

You have deposited 1000 in the
bank. There is a 7% interest on it
every year. How much money will
you have after 5 years?​

Answer 1

Step-by-step explanation:

Principal=1000

Interest =7%

time=5 yrs

Interest = P×T×R/100

1000×7×5/100=350

Amount =P+I

1000+350=1350 Ans

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