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Using the formula i=prt to find simple interest on an account, find the amount of interest earned in 3 years if you deposited $500 into a savings account earning 6% per year.
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Using the formula i=prt to find simple interest on an account, find the amount of interest earned in 3 years if you deposited $500 into a savings account earning 6% per year.

User Boris Zinchenko
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The amount of interest would be 90 dollars ( i=$90 )
User Tasya
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