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How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10
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How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10
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Mathematics
5 months
2021-08-27T22:18:57+00:00
2021-08-27T22:18:57+00:00 1 Answers
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Answer:
250/100 X 1 = 2.5
2.5 X 10 = 25
$25