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mina [271]
4 years ago
14

Grade 7 : Check an answer? Help!

Mathematics
1 answer:
Sonbull [250]4 years ago
4 0
You have to use the formula for simple interest.

(Investment) * (1 + (intrest rate))^(number of periods)

So:

200 * (1 + 0.05)^7 = 281.42 $
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