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£450 is invested at 3% simple interest. How much interest will be earned in 4 years?
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£450 is invested at 3% simple interest.
How much interest will be earned in 4 years?

User Eric Rosenberg
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Answer: $54

Explanation: First, do 450(1.03). Then, do the answer to that minus 450. (463.5-450) Finally, multiply the answer to that by 4 13.5(4) and you will get 54
User Prakhar Londhe
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