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May someone help me out with this please
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2 votes
May someone help me out with this please

May someone help me out with this please-example-1
User Jspizziri
by
7.5k points

2 Answers

7 votes
The correct answer is B.
User Ebattulga
by
8.8k points
3 votes
Annual interest = 6%
Interest in a year = (6/100) * 2000
= 120
Interest in 5 years= 120 * 5
= 600

Answer for B = $ 600

Amount that will be at the end of 5 years = 2000 + 600
= 2600
Answer for A = $ 2600
User Sekhar Madhiyazhagan
by
8.6k points
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