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3 years ago

12

Corey deposits $300 in a bank that pays 4% annual interest. How much interest does Corey earn in one year? What would the intere

st be if the rate were 6%?

1 answer:

hammer [34]3 years ago

5 0

$300/100= $3 1%=$3 $3x4=$12 $300+$12=4%$312
$3x6=$18 $300+$18=$318

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