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3 years ago

14

Caleb invested $9200 in a savings account with a yearly interest rate of 3% for 7 years. How much simple interest did he earn?A.

$285

2 answers:

Dimas [21]3 years ago

4 0

Simple interest = principal x interest (in decimal form) x time
I = (9200)(0.03)(7) = $1932

anygoal [31]3 years ago

4 0

Answer:

$1932 -_- APEX

Step-by-step explanation:

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