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23-04-2020
Mathematics

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Sam deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 5 years?

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giacomoamico10 giacomoamico10

23-04-2020

Answer:

$240

Step-by-step explanation:

Because 6% of 800 are 48, and 48 x 5 it's 240

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