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If $860 is invested for one year at 11% simple interest how much interest is earned

If $860 is invested for one year at 11% simple interest how much interest is earned
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If $860 is invested for one year at 11% simple interest how much interest is earned

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User Artem Golenyaev
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1 Answer

7 votes
Multiply $860 by .11 (11%) to find the answer.

$94.60 Is the interest earned.
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User Ertugrul
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