jgaston8142 jgaston8142

22-01-2021
Mathematics

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How much interest is earned on a principal amount of $400 invested at an interest rate of 5% for 3 years

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JamieOliver JamieOliver

24-01-2021

Answer:$63.05

Step-by-step explanation:400*1.05*1.05*1.05=463.05

463.05-400=63.05

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