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$1500 at 4% for 5 years Find the interest earned
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1 vote
$1500 at 4% for 5 years
Find the interest earned

User Shantanu Pathak
by
3.4k points

1 Answer

4 votes

Answer:

I=$300

Explanation:

P=1500

r=4%=0.04

t=5 years

I=p*r*t

I=1500*0.04*5

I=300

User Peyton
by
3.6k points
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