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Ram invested $10,000.00 in Bank Y three years ago. The bank pays10% simple interest per annum. He decided to withdraw all the moneyaccumulated in Bank

Ram invested $10,000.00 in Bank Y three years ago. The bank pays10% simple interest per annum. He decided to withdraw all the moneyaccumulated in Bank Y and invest in Bank A which gives 6% interest 1 answer

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