Usha deposited ₹1200 in a finance company which pays 3(1)/(2) % interest per year. Find the amount she is expected to get after 4 years.

asked Jul 23, 2023 201k views

21 votes

Usha deposited ₹1200 in a finance company which pays 3
(1)/(2)

% interest per year.

Find the amount she is expected to get after 4 years.

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3 votes

Answer:

4968

Explanation:

using simple interest method

A=P(1+i)n

Sam Anthony answered Jul 28, 2023

7.3k points

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