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28 September, 09:43

Terry deposits $1800 into a bank account that earn 2% simple interest per year, how much interest he will earn after 5 years

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  1. 28 September, 13:37
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    Answer:$180

    Step-by-step explanation:

    To find the simple interest on

    $1800 deposit on 2% for 5years

    I=prt/100

    I=1800*2*5/100

    I=$180
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