Answer: $36800
Step-by-step explanation:
Principal= $23000
Rate=6%
Time= 10years
Simple interest= Principal×Rate×Time / 100
= 23000×6×10 / 100
= 1380000/100
= $13800
Amount= Principal+Interest
= 23000+13800
= $36800
60000(0.081)10+60000=$108600
60000(.1)+60000(.0665)(10)+60000=$105900
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