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Asked by rawr... im a dinosaur.... rawr

If a bank offers a savings account that pays simple interest rate of 4% and you deposit $475.00 into this account, how much interest will you have earned after 3 years?
12 years ago

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Answered by Ms. Sue
Interest = Principal * Rate * Time

I = 475 * 0.04 * 3

I = ?

12 years ago
Answered by jo jo
what is it??
9 years ago
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