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30 September, 18:57

How much interest is earned on $8,000 invested at an annual rate of 12% for 1 year?

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  1. 30 September, 21:26
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    96$

    Step-by-step explanation:

    P = $8,000

    R = 12%

    T = 1yr

    I = PRT/100

    I = (800*12*1) / 100

    I = 96$
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