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11-04-2016
Mathematics

Answered

i put $200 in a saving account with 7% interest a year. How much will i have in 19 years

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11-04-2016

it would be 200×0.07= 14×19= 266

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penfila11Pen penfila11Pen

11-04-2016

I = PRT
P for Principle Amount
R for Rare
T for Time in years

I = 200 × 0.07 × 19 (70% = \(\frac{7}{100}\) = 0.07)
= $266 - this is the interest

You will have 200 + 266 = $466 in your account

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