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kobusy [5.1K]
2 years ago
14

Amount of cd after 3 years using simple interest formula if the principle is $2,000 and the interest 4%

Mathematics
1 answer:
Ivanshal [37]2 years ago
6 0

Answer:

Amount of cd after 3 years=2240

Step-by-step explanation:

principal==$2000

simple interest=4%

interest /year =80

for 3 years =80 x 3 = 240

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