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quester [9]
3 years ago
9

Ahmed invests an amount of $1200 for three years at 6%. Work out its a- Simple interest b- Total amount after three years.

Mathematics
1 answer:
kondor19780726 [428]3 years ago
8 0

Answer: In 3 years the money earned 18%. If we rounded to 20%, the interest would have been 500(0.20) or $100. Yes, $90 is reasonable.

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