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17-01-2022
Mathematics

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You invest $1200 at 18% for 2 years. How much interest will you make on this investment after the 2 years?

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17-01-2022

Answer:

Interest = $432

Step-by-step explanation:

Interest = original amount x rate (in decimal form) x time (in years)

I = 1200 x 0.18 x 2

I = 432

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