dariuswalker8235 dariuswalker8235

13-08-2017
Business

contestada

Linda deposits $800 into an account that pays simple interest at a rate of 4% per year. how much interest will she be paid in the first 3 years?

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Aliwohaish12 Aliwohaish12

13-08-2017

The formula is
I=prt
I interest paid?
P principle 800
R interest rate 0.04
T time 3years
I=800×0.04×3=96

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