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Citrus2011 [14]
3 years ago
15

You put $280 in a one-year CD that will earn 4.5% a year, calculated semiannually. How much simple interest will you earn?

Mathematics
1 answer:
lina2011 [118]3 years ago
5 0

Answer:

25.77 dollars

Step-by-step explanation:

280 × .045 = y

y + 280 = z

z × .045 = c

z + c = d

d - c = the answer. $25.77

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From the question above,

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Hope this helps :)

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