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jonelg719 jonelg719
  • 21-03-2017
  • Mathematics
Answered

Velida invested $3500 in a savings account with a yearly interest rate of 5% for 6 years. How much simple interest did she earn?

Verified Answer :

rarrininger
rarrininger rarrininger
  • 21-03-2017

I = PRT
I = 3500(0.05)(6)
I = $1050

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