Terry deposits $1800 into a bank account that earn 2% simple interest per year, how much interest he will earn after 5 years

asked Jul 12, 2021 59.5k views

2 votes

by Helix

8.8k points

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4 votes

Answer:$180

Explanation:

To find the simple interest on

$1800 deposit on 2% for 5years

I=prt/100

I=1800×2×5/100

I=$180

Bueller answered Jul 18, 2021

7.6k points

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