sanasami745 sanasami745

31-05-2021
Mathematics

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Simple interest on an amount of $100 for 5 years at a rate of 6% will be

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wsong214 wsong214

31-05-2021

Answer:

Interest earned over 5 years: $30

this excludes the initial $100 deposited

Step-by-step explanation:

$100 * 0.6 = 6

6 * 5 = 30

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