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Deathkid Deathkid
  • 11-01-2017
  • Mathematics
Answered

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

Verified Answer :

LammettHash
LammettHash LammettHash
  • 11-01-2017

\(I=PRT\implies I=\$10000\times0.035\times1=\$350\)

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