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I need help with this question(Please no long explanation just the answer)

I need help with this question(Please no long explanation just the answer)-example-1
User Aboodz
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1 Answer

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To find the answer to this question, we only have to add $12.80 once more time to the Simple Interest Earned.


12.80+38.40=51.2

At the fourth year, the Simple Interest Earned is $51.2 and the new account balance is $451.2.

User PrzeoR
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