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Jim invested $6,000 at 4% simple interest. How many interest will he earn the first year ?

Jim invested $6,000 at 4% simple interest. How many interest will he earn the first year ?
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Jim invested $6,000 at 4% simple interest. How many interest will he earn the first year ?

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User SharpShade
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1 Answer

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$6000(0.04)=$24
He would earn $24 the first year at 4% simple interest.
answered
User Lior Elrom
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