if a man deposited 20,000 pounds in a bank with interest of 20% PER YEAR find the total amount that he gets at the end of the year
Question
Solution 1
To calculate the total amount the man gets at the end of the year, you need to calculate the interest he earns and then add it to the initial deposit.
Step 1: Calculate the interest Interest = Principal amount * Interest rate * Time Interest = 20,000 pounds * 20/100 * 1 year Interest = 4,000 pounds Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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