hey9691 hey9691

26-02-2019
Mathematics

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after 6 years an account that earns 5% simple intrest has earned $480 in intrest. How much is the initial deposit?

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Meowmerian Meowmerian

26-02-2019

plug in your values into

I = PRT

480 = P(.04)(6)

solve for P

check your answer by finding the interest.

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