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Joe invests $900 dollars at 4% simple interest for two years but he wants to know how much money he will have after only 18 months. Determine how much money he will have after 1…

Joe invests $900 dollars at 4% simple interest for two years but he wants to know how much money he will have after only 18 months. Determine how much money he will have after 1…
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Joe invests $900 dollars at 4% simple interest for two years but he wants to know how much money he will have after only 18 months. Determine how much money he will have after 18 months.

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User Pal Singh
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1 Answer

3 votes
here is the total mony will be gained after 18 months
900×0.04×180= 648
answered
User Mike Kaganski
by
8.2k points
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