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You invest $2,500.00 into savings account at a bank that earns 6.6% interest. If you keep the money in the bank for 8 years, how much interest would you earn?

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asked Mar 27, 2021 231k views

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you invest $2,500.00 into savings account at a bank that earns 6.6% interest. If you keep the money in the bank for 8 years, how much interest would you earn?

Mathematics
middle-school

TimeEmit asked

by TimeEmit

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interest equals part times rate times time which will give you 1320

Raduan Santos answered Mar 28, 2021

by Raduan Santos

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7 votes

Answer:

1320

Explanation:

I think this is correct. interest equals part times rate times time.

Oumar answered Apr 3, 2021

by Oumar

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You invest $2,500.00 into savings account at a bank that earns 6.6% interest. If you keep the money in the bank for 8 years, how much interest would you earn?

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