carmen518806
carmen518806 carmen518806
  • 20-02-2019
  • Mathematics
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❗️❗️❗️❗️❗️PLEASE HELP SIMPLE INTEREST!! Lesson 6.7 ❗️❗️❗️❗️



A savings account earns 5% simple interest per year. The principal is $1200. What’s the balance after 4 years

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sepehrashtari
sepehrashtari sepehrashtari
  • 20-02-2019

1200 * 0.05 * 4 = 240$ the amount of interest after 4 years.

total 1200+240=1440$

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