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You invest $1,000 into a start up company at a 3% annual interest rate for 20 years. How much interest do you earn?
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You invest $1,000 into a start up company at a 3% annual interest rate for 20 years. How much interest do you earn?

User Pogibas
by
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1 Answer

4 votes

Answer:

600

Explanation:

? = 1000 x .03 x 20

the 1000 is the original amount

the .03 is the percent/interest

the 20 is the time

User Stutje
by
7.5k points
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