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otez555 [7]
3 years ago
6

Dominique deposited $3,000 into an account earning simple interest. The interest rate is 2.6%. How much interest will Dominique

earn in 5 years? How much money will be in the account after 5 years? (assuming no new deposits SHOW THE WORK PLEASE​
Mathematics
1 answer:
Alchen [17]3 years ago
6 0

Answer:

$390

Step-by-step explanation:

Way 1:

$3,000 x 2.6 % = $78

$78 x 5 = $390

Way 2:

$3,000 x (2.6x5) =

$3000 x 13% =

$390

Hope that helps!

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