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14 January, 17:08

You have a saving account the offers an annual simple interest rate of 5%. You put $350 into the account. Select the graph showing the the total interest you earn after 1, 2, 3, and 4 years.

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  1. 14 January, 19:31
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    I=prt

    After one year

    I=350*0.05*1=17.5

    After two years

    I=350*0.05*2=35

    After three years

    I=350*0.05*3=52.5

    After four years

    I=350*0.05*4=70
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