In October 2008, Mr. Li bought a 20000 yuan five-year certificate roll bond with an annual interest rate of 5.53%. When it matures, how much is Uncle Wang's principal and interest
In October 2008, Mr. Li bought a 20000 yuan five-year certificate roll bond with an annual interest rate of 5.53%. When it matures, Uncle Wang's principal and interest are as follows:
=20000+20000*5.53%*5=25530
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