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How much interest does a $407 investment earn at 6% over seven years?

User Emeeus
by
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1 Answer

2 votes

Answer:

$204.98

Explanation:

407(1+0.06)^7

611.98

611.98-407

204.98

So it made $204.98

Hope this helps

User Ssayols
by
4.1k points