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Papessa [141]
3 years ago
13

You want to put some money in a simple interest account. it pays 8% interest annually for 2 years. you would like to earn $500 i

n interest. how much money do you need to put in?
Mathematics
1 answer:
kicyunya [14]3 years ago
7 0
P=i/rt
P=500/(0.08*2)
P=3,125
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