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OpenStudy (anonymous):
Donna invests $2,500 in a stock that earns 5% each year. So, in 3 years, how much money should Donna have?
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OpenStudy (mertsj):
Interest = Principal(rate)(time) Interest = 2500(.05)(3)=375 So she started with 2500 and earned 375 in interest so now she has 2500+375 or $2875
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