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10 June, 22:41

Kristina received $125 for her birthday. Her parents offered to pay her 3.5% simple interest per year if she would save it for at least one year. How much interest could Kristina earn?

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  1. 10 June, 22:58
    0
    4.375 a year

    Step-by-step explanation:

    The formula is

    Interest earned = principal * interest rate*time

    I=125*0.035*1=4.375
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