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$700 at 3% for 4 years find the interest earned
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$700 at 3% for 4 years find the interest earned

User Jakub Gawecki
by
5.1k points

1 Answer

4 votes

Answer:

$84

Explanation:

Interest = PRT/100

Given

P = $700

R = 3%

T = 4 yrs

Interest = 700 x 3 x 4 /100

= 8400/100

= $84

User Warpin
by
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