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Casey deposited $1,850 in a bank account that earned simple interest at an interest rate of 4%. How much interest, in dollars, was earned in 8 years?
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Casey deposited $1,850 in a bank account that earned simple interest at an interest rate of 4%. How much interest, in dollars, was earned in 8 years?

User Sourya Dey
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1 Answer

3 votes

Answer:

$1850×4÷100×8=$592 as interest

User VulfCompressor
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