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You decide to put $820 in a savings account with a simple interest rate of 0.4%. Use the formula I=Prt to determine the amount of interest you will make after 3 years.

You decide to put $820 in a savings account with a simple interest rate of 0.4%. Use the formula I=Prt to determine the amount of interest you will make after 3 years.
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You decide to put $820 in a savings account with a simple interest rate of 0.4%. Use the formula I=Prt to determine the amount of interest you will make after 3 years.

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User David Dury
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1 Answer

6 votes

Answer:

I = $820(.004)(3) = $9.84

answered
User Petre Popescu
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