How Much Will Adam Have After 5 Years of Deposits?

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  • Thread starter Thread starter Abdullah Qureshi
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SUMMARY

Adam deposits $1000 at the end of each year for 5 years without any interest. The total amount after 5 years is calculated by multiplying the annual deposit by the number of years, resulting in $5000. The discussion clarifies that without interest, the calculation is straightforward and does not require complex financial formulas.

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Abdullah Qureshi
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Adam puts \$1000 in the bank at the end of each year for 5 years?

rate is not giving nor inertest.

how to slove this
 
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Abdullah Qureshi said:
Adam puts \$1000 in the bank at the end of each year for 5 years?

rate is not giving nor inertest.

how to slove this

That statement is not a question. Solve what?
 
So 5x1000?
 
So far Abdullah Qureshi has only put a question mark at the end of a statement. There is no question!

IF the question is "How much money will there be after 5 years?" then, yes, after 5 years, putting in \$1000 each year with no interest, there will be 5x \$1000= \$5000.
 

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