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evablogger [386]
3 years ago
12

I put $200 in a saving account with 7% interest a year. How much will i have in 19 years

Mathematics
2 answers:
goblinko [34]3 years ago
7 0
It would be 200×0.07= 14×19= 266
EleoNora [17]3 years ago
5 0
I = PRT
P for Principle Amount
R for Rare
T for Time in years

I = 200 × 0.07 × 19        (70% = \frac{7}{100} = 0.07)
  = $266 - this is the interest

You will have 200 + 266 = $466 in your account
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