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26-02-2021
Mathematics

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Find the simple interest earned to the nearest cent for each principal, interest rate, and time. $300, 5%, 2 years

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26-02-2021

Answer:

$330

Step-by-step explanation:

Since it is simple interest. You would do 300*.05 which would be 15 than since it is simple interest you would do it again and get 15 again. Therefore you would have $330.

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