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6. Evaluate: (v) You deposit Rs 1200 into your account on 8% simple annual interest. The balance in your account after 3 years = Rs ___. |
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Answer» Answer: Step-by-step explanation: DEPOSIT rupee=1200 I =8% SI=P×T×I cost of SI= 8%×1200×3 = 288 the BALANCE in account after 3years =1200+288 = 1488 |
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