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mylen [45]
3 years ago
11

Marsha deposited $12,000 into a savings account 5 years ago. The simple interest rate is 4%. How much money did Marsha earn in i

nterest?
English
1 answer:
mixer [17]3 years ago
4 0

Answer:

$2,400

Explanation:

Interest = capital x interest rate x duration

Interest = $12,000 x 4/100 x 5

Interest = $2,400

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