$4,000 principal earning 6% interest after 3 years Simple Interest

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$4,000 principal earning 6% interest after 3 years Simple Interest

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Thành Đạt 8 months 2021-07-23T14:10:38+00:00 1 Answers 0 views 0

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  1. Jezebel
    0
    2021-07-23T14:12:15+00:00
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    Answer:

    $4720

    Step-by-step explanation:

    Simple Interest

    A=P(1+in)

    A- Accumulated Amount

    P- Principal Amount

    i- Interest (÷100)

    n- Number Of Years

    A=P(1+in)

    A=4000(1+0.06×3)

    A=4000(1.18)

    .°.A=$4720

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