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11 October, 05:57

how much interest will be earned in one year if $100 is placed in an account that earns 3% simple annual interest?

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Answers (2)
  1. 11 October, 06:33
    0
    The earned amount is $3

    You now have $103
  2. 11 October, 08:30
    0
    You will have $103, or you will earn $3 worth of interest in one year
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