Aldo deposits $8000 Into an account that pays simple interest at a rate of 3% per year. How much Interest will he be paid in the first 6 years?

HDP asked Dec 14, 2023

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HDP asked Dec 14, 2023

by HDP

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11 votes

Answer:

$1440

Explanation:

3 % is .03 in decimal

8000 * .03 * 6 = $1440

Ashiina answered Dec 19, 2023

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