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Mathematics, 02.08.2019 21:00 ultimatesaiyan

Can someone tell me how to work out this problems and ones similar to it? jack has $16 in a savings account. the interest rate is 5% per year and is not compounded. how much will he have in 1 year?

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Can someone tell me how to work out this problems and ones similar to it? jack has $16 in a savings...
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