Christopher invests $5,000 after 20 years at 2% interest, how much did he earn in interest?

Question

Christopher invests $5,000 after 20 years at 2% interest, how much did he earn in interest?

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Trung Dũng 4 years 2021-08-31T09:20:44+00:00 2 Answers 7 views 0

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  1. RobertKer
    0
    2021-08-31T09:22:29+00:00
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    In 20 years you’ll have $16,036 dollars and your interest will be $11,036

  2. thongdat2
    0
    2021-08-31T09:22:35+00:00
    Reply

    Answer:

    At the end of 20 years, your savings will have grown to $16,036. You will have earned in $11,036 in interest.

    Step-by-step explanation:

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