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Today, 06:05

328 dollars invested at 5% for 3 years

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  1. Today, 07:24
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    1) if it's a normal interest it gives a yearly interest of 328x0.05 = $16.4 / yearly

    2) if it's a compound interest, the final total amount will be:

    A = 328 (1+0.05) ³ = $379.701

    the interest gained = = > 379.701-328 = 51.701
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