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OpenStudy (anonymous):
Larry put $900 in a bank that pays a 6% interest rate. If he leaves his interest from the first year in the bank, how much money will he have in total after 2 years?
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OpenStudy (anonymous):
Do you know the formula for this equation?
OpenStudy (anonymous):
No, I stink at interest and percentages.
OpenStudy (anonymous):
I = prt
OpenStudy (anonymous):
I is interest, r = rate, t = time, and p is principal.
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