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jackson has $19 savings account the interest rate is 15% per year and is not compounded how much will he have in 3 years? use formula i=p*r*t, where i is the interest earned, p is the starting amount, r is the interest rate expressed as a decimal, and t is the times in years.​

1 Answer

8 votes

Answer:

I = 19 X 0.15 X 3= 8.55

I = $8.55

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User Dale Anderson
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