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An account earns simple interest. $600 at 5% for 2 years a. Find the interest earned. $=? b. Find the balance of the account. $?

An account earns simple interest. $600 at 5% for 2 years a. Find the interest earned. $=? b. Find the balance of the account. $?
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An account earns simple interest.

$600 at 5% for 2 years

a. Find the interest earned.

$=?

b. Find the balance of the account.

$?

asked
User Helam
by
8.5k points

1 Answer

0 votes

Answer:

a= $60

b= $660

Explanation:

0.05 x 600 = 30

30x2 =60

answered
User StuartDTO
by
8.1k points
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