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LekaFEV [45]
3 years ago
13

PC

Mathematics
1 answer:
goblinko [34]3 years ago
3 0

Answer:

$24.

Step-by-step explanation:

Given that I deposited $ 200 in an account that earns 4% simple interest annually, to determine how much interest did I earn in 3 years, the following calculation must be performed:

((200 x 4/100) x 3) = X

((800/100) x 3) = X

(8 x 3) = X

24 = X

Thus, after 3 years of investment I will have earned $ 24 in interest.

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