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Mathematics, 27.05.2020 22:06 adammouedden198

Correct answers only please!

Justin has $20 in a savings account. The interest rate is 5% per year and is not compounded. How much interest will he earn in 2 years?

Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.


Correct answers only please! Justin has $20 in a savings account. The interest rate is 5% per year

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