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fenix001 [56]
2 years ago
8

A savings account earns 5% simple interest per year. The principal is $1200. What is the balance after 4 years?

Mathematics
2 answers:
nlexa [21]2 years ago
8 0

Answer:

The answer is 1400

Step-by-step explanation:

0.05*1200*4=240

240+1200=1440

emmainna [20.7K]2 years ago
5 0
The answer is $1440 my fellow
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