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What's the simple interest earned on $800 invested at 8.5% for 5 years
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3 votes
What's the simple interest earned on $800 invested at 8.5% for 5 years

User Bishma Stornelli
by
7.7k points

1 Answer

4 votes
I=prt
I=800×0.085×5
I=340
User Alric
by
8.5k points
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