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29 September, 16:05

What is the interest earned on $3000 at a rate of 0.04 for 3 years

$360

$3003.04

$3360

$120

+3
Answers (1)
  1. 29 September, 16:19
    0
    I=prt

    i=3,000*0.04*3

    i=360

    so the interest amount after 3 years would be $360
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