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$800 at 9% per year for 1 year

1 Answer

3 votes

Answer:

The answer should be 72.

Explanation:

You're finding the interest earned. I = Prt, I for simple interest, P for principal, r for rate, and t for time.

Substitute p for $800, r for 9%, and t for is 1 year.

You would multiply these three numbers together.

$800(0.09)(1) should give you 72.

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