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1 vote
Find the interest due on 5,000 at 11% for 3 years

2 Answers

0 votes

Answer:

Beginning with $5000 with an 11% interest rate annually and after 3 years there should be $6838.16 in the account


User Ejboy
by
7.1k points
5 votes

Answer:

1,650

Explanation:

I=prt

I=5,000×0.11×3

I=1,650






User Augurar
by
7.0k points