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Use the simple interest formula to find the interest earned and the ending balance. I = Prt 1. $48,000 at 3% for 6 years
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Use the simple interest formula to find the interest earned and the ending balance. I = Prt

1. $48,000 at 3% for 6 years

User Ubombi
by
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1 Answer

3 votes

Answer:

8640

Explanation:

I = Prt

I = (48000)(0.03)(6)

I = 8640

User SneakyMummin
by
3.6k points
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