How much simple interest would you earn for 5 years at 7% with a beginning principal of $8,000.00
1 answer:
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Answer:
Step-by-step explanation:
Given:
Solve for:
Solution:
Step 1: Select the formula to solve for
There are some ways to solve quadratic equations.
One of the simple way (if possible) is performing the factorization.
Another way is using the quadratic formula.
Here, we are going to use factorization.
Step 2: Perform factorization
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