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Don deposited $3,500 for 5 years on 2.40 pa interest rate in his savings account how much simple interest will he earn
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Don deposited $3,500 for 5 years on 2.40 pa interest rate in his savings account how much simple interest will he earn

User Tommy McGuire
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1 Answer

7 votes
3,500 (.024) = 84
84 (5) = $420 in simple interest
User DanielOfTaebl
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