You deposit $300 in a savings account. The account earns 2% simple interest per year. What is the interest and balance earned af
ter 10 years?
1 answer:
Answer:
$365.70
Step-by-step explanation:
The formula to find this is 
For this, a is the initial amount, r is the growth rate percentage (but displayed as a decimal), and t is time.
So to solve, you would do

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Step-by-step explanation:
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