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Mathematics, 22.02.2021 20:10 Looneytunness1806
Nathan has $40 in a savings account. The interest rate is 5% per year and is not
compounded. How much interest will he earn in 1 year?
Use the formulai = prt, where / is the interest earned, p is the principal (starting amount),
is the interest rate expressed as a decimal, and is the time in years.
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Nathan has $40 in a savings account. The interest rate is 5% per year and is not
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