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You invest you 300 savings as a deposit for 4 years in a bank. The bank offers annually a rate of 3 per cent for
You invest you 300 savings as a deposit for 4 years in a bank. The bank offers annually a rate of 3 per cent for deposits.
What will be your earning at the end of the year 4, if the banks pays interests at the end of each year, and these money wont be capitalised?
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