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04-04-2020
Mathematics

contestada

Sofia deposited $6400 into her savings account for a period of six years. How much
simple interest did her money earn at an interest rate of 1.5%?

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fayemioluwatomisin fayemioluwatomisin

05-04-2020

Answer:$576

Step-by-step explanation:

To find the simple interest on$6400 on 6yr at 1.5%

Simple interest=prt/100

I=6400×1.5×6/100

I=$576

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