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2 years ago

7

you deposit $300 in a savings account the accounts earns 12% simple interest per year what is the interest and balance earned at

6 years

1 answer:

xenn [34]2 years ago

7 0

Answer:

$516, interest earned is $216

Step-by-step explanation:

12% of 300 is 36

36y+300, y is years

36(6)+300=516

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