2 1/3 x 4 4/5as a fraction
2 answers:
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Answer:
Interest paid to Laura is $320
The final amount is $2320
Step-by-step explanation:
Recall that the equation for simple interest is where
is the final amount,
is the principal/initial value,
is the annual interest rate, and
is the time in years.
Therefore, if the final amount is $2320, then the interest paid to Laura is $2320 - $2000 = $320