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19 November, 19:36

John invested $400 in a savings account. How much interest will he earn in 5 years if the imterest rate is 7%?

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Answers (2)
  1. 19 November, 19:57
    0
    400 * 5 * 0.07 = 140

    answer: John will earn $140 of interest in 5 years
  2. 19 November, 20:24
    0
    I=prt ... i=400*0.07*5=?
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