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A retired couple invested $8000 in bonds at a simple interest rate of 8%. At the end of one year, how much interest did they receive on their investment?

A retired couple invested $8000 in bonds at a simple interest rate of 8%. At the end of one year, how much interest did they receive on their investment?
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5 votes
A retired couple invested $8000 in bonds at a simple interest rate of 8%. At the end of one year, how much interest did they receive on their investment?

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User David Pasztor
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1 Answer

6 votes
They received $640.
answered
User Miknash
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7.6k points
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