Suppose $10000 is deposited in a bank at 3.5% annual interest. what is the interest earned after one year

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asked Jan 8, 2018 173k views

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Suppose $10000 is deposited in a bank at 3.5% annual interest. what is the interest earned after one year

Mathematics
high-school

Ben Pap asked

by Ben Pap

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$I=PRT\implies I=\$10000*0.035*1=\$350$

Nitronoid answered Jan 12, 2018

by Nitronoid

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