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Lemon has a savings account with $97 in it that earns 3.7% simple interest per year

How much interest, to the nearest cent, will lemon earn in 10 years

User Zufan
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1 Answer

4 votes

Answer:

$ 35.89

Explanation:

Interest = p r t p = principal r = interest rate in decimal form t = time

interest = $ 97 * .037 * 10yr = $35.89

User Zagoa
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