biancaraymond0531 biancaraymond0531

24-12-2020
Mathematics

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You earn 3% each year on your initial investment amount of $2000. How much interest do you earn after 2 years?

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pyvonix pyvonix

24-12-2020

Answer: You earn 6% interest on that the next year.

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rebeccaxtekle rebeccaxtekle

24-12-2020

and 6% of 2000 is 120

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