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3 years ago

13

Joe deposit $4000 into an account that pays simple interest to rate of 2% per year how much interest would be paid in the first

three years

1 answer:

fenix001 [56]3 years ago

6 0

Answer is $240.00 because 2% of $4000 is 80. Multiply 80 by 3 years and you get $240.00

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