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Algebra Grade 7

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If a bank offers a savings account that pays simple interest rate of 4% and you deposit $475.00 into this account, how much interest will you have earned after 3 years?

  • Algebra Grade 7 - ,

    Interest = Principal * Rate * Time

    I = 475 * 0.04 * 3

    I = ?

  • Algebra Grade 7 - ,

    what is it??

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