30-04-2022
Mathematics

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Sophia invest money in an account paying simple interest. She invest 100$ and no money is added or removed from the investment. After one year, she has 108. What is the simple percent interest per year ?

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jsimpson11000 jsimpson11000

30-04-2022

Answer:

8%

Step-by-step explanation:

She earned 8 dollars on a 100 dollar investment

8/100 = 8%

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