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6 April, 21:11

5. principal = $450

rate = 5%

time = 4 years

simple interest = _

compound interest =

+5
Answers (1)
  1. 7 April, 00:01
    0
    simple interest : 90

    Step-by-step explanation:

    Step 1: Multiply 450 with the interest rate which is 0.05 so that equal 22.5

    Step 2: Multiply the 22.5 with the 4 years

    So Multiply principal with the interest rate with the time

    MAYBE
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