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Janet deposits $3,000 in a savings account that earns 2% simple interest per year. how much interest will she earn after 1 year?

Janet deposits $3,000 in a savings account that earns 2% simple interest per year. how much interest will she earn after 1 year?
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Janet deposits $3,000 in a savings account that earns 2% simple interest per year. how much interest will she earn after 1 year?

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User Jlalovi
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8.8k points

1 Answer

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3,000 * .02 = 60.00 interest for 1 year

answered
User ProfitWarning
by
8.1k points
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