obeythisnatural obeythisnatural

23-05-2017
Mathematics

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You invest $2000 in an account that pays simple interest of 3% for 20 years. What is the amount of money you'll have at the end of 20 years ?

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HandyMan133 HandyMan133

23-05-2017

Just simply multiply

2000*.03*20= 1200 then add

2000+1200= 3200
So you will have $3200 after 20 years

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