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An amount of 4,000 is invested. The interest rate is 2%. What is the amount earned in one year.
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An amount of 4,000 is invested. The interest rate is 2%. What is the amount earned in one year.

User Ragy Isaac
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1 Answer

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1. Turn the 2% into a decimal ---> 0.02

2. Multiply 4000 and 0.2 -----> 80

3. Get your answer ----> $80
User Roslyn
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