addyknoll2k addyknoll2k
  • 17-07-2017
  • Mathematics
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Hans deposits $300 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the first 5 years?

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choixongdong
choixongdong choixongdong
  • 17-07-2017
300 x 0.02 x 5 = 30
answer
 interest will $30 in the first 5 years
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