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11 June, 11:50

Hagrid deposited $4350 in a bank for five years at the simple interest rate of 0.65% how much interest will he earn? how much money does he have at the end of five years

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  1. 11 June, 12:36
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    He will have $4491.38 after 5 years

    Step-by-step explanation:

    Simple Interest = (Principal * rate * time) / 100

    SI = (4350 * 0.65 * 5) / 100

    SI = 141.375

    Interest after 5 years = $141.38

    The total money he will have after 5 years is

    $4350 + $141.38

    = $4491.38
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