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Gnoma [55]
3 years ago
12

after 6 years an account that earns 5% simple intrest has earned $480 in intrest. How much is the initial deposit?​

Mathematics
1 answer:
Serhud [2]3 years ago
6 0

plug in your values into

I = PRT

480 = P(.04)(6)

solve for P

check your answer by finding the interest.

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