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Q: If you deposit 10000 on 3 percent interest what would it be weekly?

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(10000)(0.8)(5)/100 ~ 10400

4000

5000

4000

The formula to calculate interest is as follows: Interest = Principal * No. of years * Rate of Interest / 100 So Interest = 10000 * 0.5 * 8 / 100 = 400/- The interest you will receive interest at the end of the 6 month period is Rs. 400/-

Deposit 4776.06 The frequency of compounding does not matter since the annual interest rate is given.

Rs. 10,500 /-Interest formula: p * n * r / 100Here p = 10000 n = 1 r = 5 => interest = 500Total at the end of one year = 10000 + 500 = 10,500/-

debit cash 9000debit tax 1000credit interest income 10000

Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321

79.17

The monthly interest is 100.

It is 300.

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