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Find the total amount of money John has after 6 months John invested $700, at an interest rate of 2.5%, for 6 months. Find the interest earned.
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Find the total amount of money John has after 6 months

John invested $700, at an interest rate of 2.5%, for 6 months. Find the interest earned.

User UpHiller
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1 Answer

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Interest earned is $ 8.75

Total amount of money earned=708.75

Please see the attached picture for full solution

Hope it helps..

Good luck on your assignment

Find the total amount of money John has after 6 months John invested $700, at an interest-example-1
User DaleK
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