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quester [9]
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.
Mathematics
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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x(-1,3) y(3,0) z(-1,-2)

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Answer:

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4 0
3 years ago
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Step-by-step explanation:

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Find the compound interest compounded annually on rupees 2700 rate 6 ⅔% per annum and time is 2 years​
dalvyx [7]

<u>Answer:</u>

plz mark me as brainliest ...TOOK ME LONG TIME TO TYPE

answer = CI = 3108 RUPEES

<u>Step-by-step explanation:</u>

i am doing the method in which u find the simple interest of first year then second year.

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or u can solve be the method

CI = amount - principle

Amount= principle x (change in ratio) raised to time

                                       ***************************************

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