Mathematics, 30.04.2021 01:20 personm21
Jon has $700 in a savings account that earns 5% interest per year. The interest is not
compounded, How much interest will he earn in 1 year?
Use the formula 1 = prt, where is the interest earned, p is the principal (starting amount),
is the interest rate expressed as a decimal, and t is the time in years,
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Answers: 1
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Jon has $700 in a savings account that earns 5% interest per year. The interest is not
compounded,...
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