How much interest is earned on $342.50 at 8% for three years?

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asked Aug 26, 2022 167k views

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How much interest is earned on $342.50 at 8% for three years?

Mathematics
college

Dess asked

by Dess

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the answer is $82.20 because 342.5 x .08=27.4 and 27.4 x 3=82.2

Gatekeeper answered Aug 29, 2022

by Gatekeeper

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