if you deposit 000 in a bank that pays 10% interest annually how much will be in your account after 5yrs
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if you deposit 000 in a bank that pays 10% interest annually how much will be in your account after 5yrs
its really very simple... generally in banks compound interest or simple interest basis only valued... so easily find out using such formula... its depend upon bank interest basis only... if at all compound interest means you got more profit than simple interest...
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