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tatuchka [14]
2 years ago
11

4. Simple Interest: An investment earned 4% simple interest for 8 years. At its maturity, it was worth $5000. What amount was in

vested? (3​
Mathematics
1 answer:
Morgarella [4.7K]2 years ago
4 0

Answer:

To solve the problem we have to take 4 percent of 5000 and multiply it by 8 years and the final result is 1600 dollars, which would be the final result.

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