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Greeley [361]
3 years ago
5

Savannah has $92,637 in a savings account that earns 9% annually. The interest is not compounded. How much interest will she ear

n in 5 years​
Mathematics
1 answer:
AlexFokin [52]3 years ago
8 0

Answer:

$41686.65

Step-by-step explanation:

Given data

Principal = $92,637

Rate= 9%

Time= 5 years

The simple interest expression is given as

SI= PRT/100

Substitute

SI= 92637*9*5/100

SI= 4168665/100

SI=$41686.65

Hence the interest is $41686.65

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