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Calculate the simple interest earned on an investment of 37,000 at 8% p.a. Over 4 years

Calculate the simple interest earned on an investment of 37,000 at 8% p.a. Over 4 years
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Calculate the simple interest earned on an investment of 37,000 at 8% p.a. Over 4 years

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User Neeme Praks
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1 Answer

7 votes
you do 37,000×.08=2,960
then 2,960×4=11,840
answered
User Daniel Montenegro
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