Andrea deposited 138 dollars into her bank account. Which expression represents Andrea’s bank account? *
2 answers:
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Answer:
sum was 300000
Step-by-step explanation:
let sum of money is placed is x rs
Term T = 3 years, rate R = 10%
Then simple interest for for 3 years is
Sum of x will become x+0.3x = 1.3x after 3 years. now this 1.3x is kept for compound interest for two years. ie
Sum was 300000