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3 years ago

12

Investment of 1000 at 16% interest rate for 20 years

1 answer:

andreev551 [17]3 years ago

7 0

This might be wrong but, 320.

I used the formula for simple interest which is I=Prt, thus giving me this:

I = 1000 (.016) (20)

Hope this helps at all!

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