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  • 28-05-2023
  • Mathematics
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Seanhas$72,150inasavingsaccount.Theinterestrateis11%peryearandisnotcompounded.Howmuchinterestwillheearnin8months?

Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

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