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3 years ago

6

Lamar deposits $800 into an account that pays simple interest at a rate of 4% per year. How much interest will he be paid in the

first 4 years? Please answer with an explanation.

2 answers:

Aleks [24]3 years ago

6 0

The equation is total interest= principal*interest rate*time,,i=prt,,I=800*0.04*4=128

notka56 [123]3 years ago

4 0

Maybe try dividing the equations

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1 year ago

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