Shen desposits 5000 into an account that pays simple interest at a rate of 6% per year. how much interest will he be paid in the first 4 years?

1200

Step-by-step explanation:

Given that Shen deposits 5000 into account.

The account is paid simple interest at 6%

Period Shen keeps = 4 years

Principal P =5000

T= no of years =4

r=Rate of interest =6%

Nature of interest =Simple

Simple interest =

Hence we get simple interest Shen get for deposit of 5000 for 4 years at simple interest 6% is

1200

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i think is g(1)=-1.

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