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marysya [2.9K]
3 years ago
6

Mario has $100 in a savings account. The interest rate is 5% per year and is not compounded. How much interest will he earn in 1

year?
Mathematics
1 answer:
Sonja [21]3 years ago
4 0
(5/100)*$100 = $5.00 . . . . Mario's interest amount
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