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22-05-2017
Mathematics

contestada

Compute the amount of interest earned in the following simple interest problem. A deposit of $100 at 8% for 20 years = _____.

$1.60
$16.00
$160.00
$1,600.00

Respuesta :

22-05-2017

total deposits: 24,000.00
interest earned: 35,294.72

total savings: 59,294.72

Answer Link

22-05-2017

The answer is $160. Hope I helped.

Answer Link

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