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Ivan
3 years ago
5

Helppppp plssssss will give brainy

Mathematics
1 answer:
Elan Coil [88]3 years ago
8 0

Answer:

5

Step-by-step explanation:

if the interest is not compounding then it's called simple interest

which is shown through the following equation

PV(1+it)

plug in what we know and get

50(1+.1*1)

50*1.1=55

which means he'll earn 5 dollars interest in one year

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