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Edward deposited $10,000 into a savings account 3 years ago. The simple interest rate is 4%. How much money did Edward earn in interest? Substitute the values into the equation.…

Edward deposited $10,000 into a savings account 3 years ago. The simple interest rate is 4%. How much money did Edward earn in interest? Substitute the values into the equation.…
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Edward deposited $10,000 into a savings account 3 years ago. The simple interest rate is 4%. How

much money did Edward earn in interest?
Substitute the values into the equation.
Interest = $_• • years

User Joachim Haglund
by
8.3k points

1 Answer

5 votes

Answer: 10,400

Explanation:

I= ? P= 10,000 R= 4% T= 3 yrs

User Deadpool
by
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