How much interest will be earned in 1 year if $100 is placed in an account that earns 3% simple annual interest?
2 answers:
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Answer:
Step-by-step explanation:
Hi there!
Let represent "the number".
A number added by 7 is the same as that number times four minus eleven.
A number added by 7 ⇒
Is the same as ⇒
The number times four ⇒
Minus eleven ⇒
I hope this helps!