Chapter 2: Q. 149 (page 130)
Robin deposited $31,000 in a bank account that earned simple interest at an interest rate of 5.2%. How much interest was earned in three years?
Short Answer
Simple interest earned in 3 years is $4836.
Chapter 2: Q. 149 (page 130)
Robin deposited $31,000 in a bank account that earned simple interest at an interest rate of 5.2%. How much interest was earned in three years?
Simple interest earned in 3 years is $4836.
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