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Mathematics, 02.10.2021 14:00 00109625
Trevor has $100 in a savings account that earns 5% annually. The interest is not
compounded. How much interest will he earn in 3 years?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r
is the interest rate expressed as a decimal, and t is the time in years.
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Work it out
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Trevor has $100 in a savings account that earns 5% annually. The interest is not
compounded. How m...
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