denelebiggs denelebiggs
  • 17-12-2020
  • Mathematics
contestada

How much interest is earned in 2 years on an investment of $2,000? The interest rate is 3%. Use the formula I=Prt.

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kcaldwell934
kcaldwell934 kcaldwell934
  • 17-12-2020

Answer:

I = $ 120.00

Step-by-step explanation:

I = 2000 × 0.03 × 2 = 120

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