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Amount at the end of those years

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John invested $1000 in a sacco that earned him a simple interest of 5% p.a for a period of 5 years. What is the amount at the end of those years?

Reference no: EM131117788

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Amount at the end of those years : John invested $1000 in a sacco that earned him a simple interest of 5% p.a for a period of 5 years. What is the amount at the end of those years?
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