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5 January, 15:45

An account earns simple interest.

$300 at 4% for 3 years.

Find the balance of the account.

+5
Answers (2)
  1. 5 January, 17:32
    0
    Since simple interest is A=P (1+rt) you would plug it in: A=300 (1+.04 x 3) do the work which ends up equaling 336
  2. 5 January, 19:14
    0
    I think the answer is 36
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