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Mathematics, 04.02.2021 01:30 Shubbs

Fernando has $50 in a savings account that earns 10% interest per year. The interest is not compounded. How much interest will he earn in 1 year?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount),
is the interest rate expressed as a decimal, and t is the time in years.

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