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Mathematics, 14.05.2021 04:40 nanda22

Florence has $400 in a savings account. The interest rate is 5% per year and is not compounded. How much interest will she earn in 1 year?
Use the formula i = prt, where i 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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