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SpyIntel [72]
3 years ago
7

Billy deposits $800 in a local bank. He knows his money will be increased by 5% at the end of 1 year. How much money will he hav

e at that time?
$840


$880


$882


$1,680
Mathematics
2 answers:
Oliga [24]3 years ago
6 0
Answer is <span>$840

$800 * 0.05 * 1 = $40 ...interest

$800 + $40 =$840</span>
Gnom [1K]3 years ago
3 0
Basic math, of interest. He starts with 800 and gains 5% each year. 5% of 800 is 40.

800 + 40 = 840.
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