aminaahussein143 aminaahussein143

15-05-2021
Mathematics

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How much INTEREST would you earn investing $5000 that earns 7% simple annual interest for 3 years?

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maddiezaputil maddiezaputil

15-05-2021

Answer:

$1,125.26

Step-by-step explanation:

Start of Year 1 5000.00

Start of Year 2 5350.00

Start of Year 3 5724.50

Start of Year 4 6125.26

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