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Principal = $500 Interest rate =5% Time = 5 years What is the TOTAL amount?

Principal = $500 Interest rate =5% Time = 5 years What is the TOTAL amount?
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Principal = $500
Interest rate =5%
Time = 5 years
What is the TOTAL amount?

User HelloSadness
by
8.2k points

1 Answer

5 votes
$638.
$27.6 a year.
I hope this helps.
User Sarimin
by
7.8k points
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