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forsale [732]
3 years ago
14

Mike has a "high-interest" savings account that pays 5.3 percent (a simple interest account). If he earned $655 in interest afte

r six years, how much did he invest into this account?
Mathematics
1 answer:
professor190 [17]3 years ago
8 0
P=i/rt
P=655÷(0.053×6)
P=2,059.75
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