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25 November, 03:28

A bank is offering 2.5% simple interest on savings account if you deposit $5000 how much interest will you are in one year

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  1. 25 November, 03:56
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    5000 times 2.5% = 125.

    If you are getting that from having your money in the bank, you add 125 to 5000

    = 5125

    If you are losing money, you'd subtract it

    5000 - 125

    = 4875
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