catsanddogs1045 catsanddogs1045

17-03-2017
Mathematics

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Holly opened a savings account at a local bank. She deposited $3,400.00 into the account 8 years ago. If the account earns an annual simple interest rate of 7.2%, how much interest has she earned?

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Aliwohaish12 Aliwohaish12

17-03-2017

I=prt
I=3,400×0.072×8
I=1,958.4

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