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11-11-2020
Mathematics

contestada

Sammy deposits $200 in an account at his bank.The simple interest rate is 8%.How much interest will he earn in three years

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TimAndMoby TimAndMoby

11-11-2020

Answer:

$48

Step-by-step explanation:

Multiply 200 by 0.08 or 8%. That is how much interest he will earn in a year. Then multiply the product by 3.

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