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edward deposited ​$5,500 into a savings account 2 years ago. The simple interest rate is 4​%. How much money did edward earn in​ interest?

User Losttime
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2 Answers

10 votes

Answer:

$440 in interest

Explanation:

5500*0.08 (because 4% interest * 2 years)

440

User Taum
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1 vote
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