Correct Answer: Option D

Explanation

Amount = principal + Interest

I = \(\frac{ P\times R \times T}{100}\)

P = #200,000, R = 5%, T = 3 yrs

I =  = \(\frac{ 200,000\times 5 \times 3}{100}\)

= 2000 x 15 = #30,000

A = 200,000 + 30,000 = #230,000.

There is an explanation video available below.

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