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Jennifer invested $3300 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?
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Jennifer invested $3300 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?

User Fuweichin
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\bf \qquad \textit{Simple Interest Earned}\\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\to& \$3300\\ r=rate\to 6\%\to (6)/(100)\to &0.06\\ t=years\to &9 \end{cases} \\\\\\ I=3300\cdot 0.06\cdot 9
User OverZealous
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8.3k points
4 votes

Answer:

1,782

Explanation:


User Dheeraj R
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8.5k points
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