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25-01-2022
Mathematics

contestada

Alan has $300 in a savings account that earns 2% interest per year. The interest is not
compounded. How much interest will he earn in 2 years?

Respuesta :

cagrund25 cagrund25

25-01-2022

Answer:

12.12

Step-by-step explanation:

2 percent of 300 is 6 so add 6 then2 percent of 306 is 6.12 equaling to 12.12$ in interest

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