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12 December, 19:09

How much interest is earned on a principal of $9.02 invested at an interest

rate of 8% for three years?

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Answers (1)
  1. 12 December, 21:11
    0
    To find the simple interest, we multiply 9.02 * 0.08 * 3 to get that: $2.16 - answer
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