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21-06-2016
Mathematics

Answered

Marco deposited $500 in a savings account earning 4% interest over 5 years.

What was the total amount of interest earned at the end of 5 years?

A.

$40

B.

$50

C.

$100

D.

$200

Verified Answer :

21-06-2016

500÷100×4=$20
$20×5=$100
thus ans is c

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