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2 years ago

12

Lucy deposits $7000 into an account that pays simple interest at a rate of 3% per year. How much interest will she be paid in th

e first 6 years?

1 answer:

Fofino [41]2 years ago

5 0

7000*.03*6=?? Step 1. multiply 7000*.03=210 Step 2. multiply 210*6=1260. the answer is $1,260.00

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$\dfrac{1}{4} \div \dfrac{2}{4}$

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Change the divide fraction to multiplication fraction :
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$\dfrac{1}{4} \times \dfrac{4}{2}$

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Combine into single fraction :
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$\dfrac{4}{8}$

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Reduce to simplest form :
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$\dfrac{4 \div 4}{8 \div 4} = \dfrac{1}{2}$

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