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Edward deposited ​$10,000 into a savings account 5 years ago. The simple interest rate is ​3%. How much money did earn in​ interest?
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Edward deposited ​$10,000 into a savings account 5 years ago. The simple interest rate is ​3%. How much money did earn in​ interest?

User Camwhite
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2 Answers

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The answer would be $3,000 because 0.30 x 10,000 = 3,000
User Spagi
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User Miha
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