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miss Akunina [59]
2 years ago
11

Find the amount of simple interest that $400 would earn at 8% per year by the end of 3 years.​

Mathematics
1 answer:
geniusboy [140]2 years ago
3 0

Answer:

400 times 8%= 32 times 3=96

Step-by-step explanation:

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Salsk061 [2.6K]

Answer:

14.4

Step-by-step explanation:

1.8 added 8 times = 1.8 * 8

1.8 * 8

use distributive property

1.8 = 1 + 0.8

1.8 * 8 = (1+0.8) * 8

          = 1*8 + 0.8*8

anything multiplied by 1 equals itself

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0.8 = 8/10

0.8 * 8 = (8/10) * 8

           = 64/10

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8 + 0.8 * 8 = 8 + 6.4 = 14.4 as our answer

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2 years ago
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Answer:

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Step-by-step explanation:

Given data

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A= 2000(1.05)^3

A= 2000*1.157625

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Step-by-step explanation:

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Step-by-step explanation:

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