Investment of 3000 at 5% simple interest rate for 20 years

$3000

Step-by-step explanation:

Use formula for simple interest

where I is interest, P is total principal, i is rate of interest per year (as decimal) and t is total time in years.

In your case, P=$3000, i=0.05, t=20, then

the range is 19

step-by-step explanation:

the range is biggest number minus the smallest, so in this case it would be

41 - 22 = 19

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