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3 years ago

14

Mia deposits $300 into an account that pays simple interest at a rate of 5% per year, how much interest would she be payed in th

e first 2 years?

1 answer:

sineoko [7]3 years ago

7 0

Answer: $30

Step-by-step explanation:

I=PRT

I= (300)(0.05)(2)

I= 15(2)

I= 30

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