You deposit $1600 in an account. The annual interest rate is 5% for 3 years. How much
1 answer:
Answer: $240
Step-by-step explanation:
Simple interest= Principal x Rate x Time
Where P= 1600, R= 5% = 0.05, T=3
= 1600 x 0.05 x 3
$240
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120,027£
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hope it helps
Answer:
how about you stop being confused
Step-by-step explanation:
just read the question
I believe it is 6,895. I just multiplied by 197 by 35
