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

asked Feb 23, 2022 39.5k views

5 votes

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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

Stutje answered Mar 2, 2022

3.3k points

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