uestion 19 [CLO-1] Suppose that you invest 10000 AED in Abu Dhabi Bank with 5% annual simple interest. You have to pay a govermment edded ta of on the interest you earned. How much money would you net after 5 years? O 12500 AED O 12375 AED O 11305 AED O 11403 AED

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question 19
[CLO-1] Suppose that you invest 10000 AED in Abu Dhabi Bank with 5% annual simple interest. You have to pay a government edded tar of 5%
on the interest you earned. How much money would you net after 5 years?
O 12500 AED
O 12375 AED
O 11305 AED
O 11403 AED
Transcribed Image Text:Question 19 [CLO-1] Suppose that you invest 10000 AED in Abu Dhabi Bank with 5% annual simple interest. You have to pay a government edded tar of 5% on the interest you earned. How much money would you net after 5 years? O 12500 AED O 12375 AED O 11305 AED O 11403 AED
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