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In-s [12.5K]
3 years ago
12

Compute the amount of interest earned in the following simple interest problem. A deposit of $4,500 at 5% for 3 years

Mathematics
2 answers:
Marina86 [1]3 years ago
5 0
I=prt,,i=4500*0.05*3=675
9966 [12]3 years ago
4 0
The answer is $675. You find 5 percent of 4500 and then multiply by 3.
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