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$35,000 at 2% for 9 years. ending balance and interest
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$35,000 at 2% for 9 years. ending balance and interest

User Chris Love
by
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1 Answer

11 votes

Answer:


Solution

Here,


Principle(p)=$35000\\Rate(r)=2%\\\\Time(t)=9 years


Now, Interest(I)=(PTR)/(100)


=(35000*2*9)/(100)\\= $3600

User Tautologe
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