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Using the formula given for simple interest, find the amount of interest earned after investing $450 at 6% interest for 30 years. How much money will be in the account at the en…

Using the formula given for simple interest, find the amount of interest earned after investing $450 at 6% interest for 30 years. How much money will be in the account at the en…
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Using the formula given for simple interest, find the amount of interest earned after investing $450 at 6% interest for 30 years. How much money will be in the account at the end of 30 years?

User Shravan Dhar
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1 Answer

6 votes
Multiple 450 times 6% which is 27 then multiply by 30 which equals 810.00 interest
User Scott Bartell
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