SuvloverMooce SuvloverMooce

16-03-2017
Mathematics

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Today, you deposit $3,400 in a bank account which pays 4.5 percent simple interest. how much interest will you earn over the next 5 years?

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rarrininger rarrininger

16-03-2017

Interest = P x R x T
Interest = $3,400 x .045 x 5
Interest = $765

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