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Math

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you deposit Php 1000 in your bank account. If the bank pays 4% simple interest, how much interest will you accumulate in your account after 10 years? what of the banks pays compound interest?

Sagot :

SHIKADAI35IN SHIKADAI35IN

Answer:

2500

Explaination:

Let's divide the php 1000 and 4%.

> 1000 ÷ 4 = 250

Now let's multiply the 250 and 10yrs.

> 250 × 10 = 2500

So the answer is >> 2500 <<

I hope it's help thank you

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