You tell your mom that you want 700₹as pocket money every month. She can deposit some money in the bank such that the interest she gets will be equal to the money you need. Her bank offers her interest of 7% per annum.
How much money should she deposit in the bank?
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Answered by
15
Answer:
721
Step-by-step explanation
700 divided by 100 is 7.
So you have 7 hundred and 7 times 3 is 21.
700+21=721
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