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Lena [83]
3 years ago
8

How much interest would be earned on $3,700 in one year if it is invested at 4%?

Mathematics
1 answer:
malfutka [58]3 years ago
8 0
I'd say $148 because you convert the percent into a decimal so
4%= 0.04

Then you multiply $3,700•0.04 = $148

So I'd say the interest earned on $3,700 in one year would be $148
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Please check the explanation.

Step-by-step explanation:

Given the verbal expression

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Let us break down the verbal expression into an algebraic equation

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