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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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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.

User Bassie
by
7.7k points

1 Answer

3 votes

Answer:

4968

Explanation:

using simple interest method

A=P(1+i)n

User Sam Anthony
by
8.1k points
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