Deposit K1000 every year for 4years with a bank which pays 6.5%p.a.simple interest in the end of fifth year ,what will be your total investment value?

To calculate the total investment value, we need to calculate the interest earned on each deposit and then add the initial deposit to it.

The formula for calculating simple interest is:

Interest = Principal x Rate x Time

Given:
Principal (P) = K1000
Rate (R) = 6.5% = 0.065
Time (T) = 1 year

For the first deposit:
Interest = K1000 x 0.065 x 1 = K65
Total value after 1 year = K1000 + K65 = K1065

For the second deposit:
Interest = K1000 x 0.065 x 1 = K65
Total value after 2 years = K1065 + K1000 + K65 = K2130

For the third deposit:
Interest = K1000 x 0.065 x 1 = K65
Total value after 3 years = K2130 + K1000 + K65 = K3195

For the fourth deposit:
Interest = K1000 x 0.065 x 1 = K65
Total value after 4 years = K3195 + K1000 + K65 = K4260

At the end of the fifth year, the total investment value will be the sum of all the deposits and interest earned:
Total investment value = K1000 + K1065 + K2130 + K3195 + K4260 = K11650

Therefore, the total investment value at the end of the fifth year will be K11650.

Step 1: Calculate the simple interest earned each year

Simple interest = Principal - Interest rate - Time

For each deposit of K1000:
Interest earned in 5 years = K1000 - 0.065 - 5 = K325

Step 2: Calculate the total interest earned

Total interest earned = Interest earned per deposit - Number of deposits
Total interest earned = K325 - 4 = K1300

Step 3: Calculate the total investment value

Total investment value = Principal + Total interest earned
Total investment value = K1000 - 4 + K1300 = K5300

Therefore, the total investment value after depositing K1000 every year for 4 years at 6.5% p.a. simple interest, compounded in the end of fifth year, will be K5300.