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Three years ago, Max opened a savings account that earns 2.5% simple interest every year. He started the account with $800 and has not touched the account since. How much money …

Three years ago, Max opened a savings account that earns 2.5% simple interest every year. He started the account with $800 and has not touched the account since. How much money …
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Three years ago, Max opened a savings account that earns 2.5% simple interest every year. He started the account with $800 and has not touched the account since. How much money is in the account now?

asked
User Dcbenji
by
8.3k points

1 Answer

2 votes

Answer:860

800×0.025=20

800+20x=

800+20(3)=

800+60=

860

I hope this is good enough:

answered
User Eric Cochran
by
8.7k points
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