beckamariee beckamariee

20-05-2020
Mathematics

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you deposit $300 in a savings account the accounts earns 12% simple interest per year what is the interest and balance earned at 6 years

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SugarCoatedTragedy SugarCoatedTragedy

20-05-2020

Answer:

$516, interest earned is $216

Step-by-step explanation:

12% of 300 is 36

36y+300, y is years

36(6)+300=516

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