What is the simple interest earned for each year on $100 at 2%

asked Aug 13, 2022 49.8k views

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6 votes

Answer:0.02

Explanation:First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year

Jeff Kelley answered Aug 14, 2022

6.5k points

4 votes

$2? i think cause like 2/100 is 2 percent

Sakana answered Aug 17, 2022

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