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Jason puts $500 in an account that pays 3% simple interest for 2 years. Calculate the amount of interest he earned after two years.

Jason puts $500 in an account that pays 3% simple interest for 2 years. Calculate the amount of interest he earned after two years.
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Jason puts $500 in an account that pays 3% simple interest for 2 years. Calculate the amount of interest he earned after two years.

User Mohd Shibli
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7.9k points

1 Answer

6 votes

$30

that is the working above

Jason puts $500 in an account that pays 3% simple interest for 2 years. Calculate-example-1
User Afeez Aziz
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8.1k points
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