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barbara has $80 in a savings account that earns 5% interest per year. The interest is not compounded. How much will she have in total in 1 year?​
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23 votes
barbara has $80 in a savings account that earns 5% interest per year. The interest is not compounded. How much will she have in total in 1 year?​

User Karthik Kamalakannan
by
7.8k points

1 Answer

6 votes

Answer:

4$

Explanation:

I = P*r*t

Interest = 80*0.05*1 = 0.8*5 = $4.00

User Brinnis
by
8.0k points
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