allyanimations91 allyanimations91

13-04-2021
Mathematics

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How much simple interest is earned on a principal of $700 after 5 years if the account pays 3% annually?

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bswolfer0808 bswolfer0808

13-04-2021

Answer:

21.15

Step-by-step explanation:

700 + 5 = 705

3% of 705 = 21.15

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