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How much interest does a $318 investment earn at 9% over one year please show your work

User Posey
by
5.4k points

1 Answer

1 vote

Answer:

$28.62

Explanation:

As investment is $318 and interest rate is 9% over the year so we'll calculate 9% of $318

9% of 318=(9/100)*318

which is equal to $28.62

User Jesse Buchanan
by
5.6k points
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