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What is the accumulated interest amount at the end of year

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Problem 1: Assume that you deposit Rs.1, 000 in an account (A) earning 7%. 4,500 in an account (B) earning 9%. 7,200 in an account (C) earning 11% simple interest for 2 years account (A) 4 years account (B) and 7 years account (C). What is the accumulated interest amount at the end of the year of each account?

Reference no: EM132753419

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