Abdul invests $5000 for 3 years at 6.75% pa.
His total interest in 3 years is $1012.50
What is the value of the investment at the end of the term?
The total value of the investment after 3 years is
$6012.50.
To calculate the value of the investment at the end of the term, we need to add the original investment ($5000) to the total interest earned ($1012.50).
$5000 + $1012.50 = $6012.50
Therefore, the value of the investment at the end of the term is $6012.50.