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OpenStudy (anonymous):
Jordan invested $1000 in a savings account. The interest rate is 6% per year. Find the simple interest earned in 4 years. Then find the total of principal plus interest.
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OpenStudy (anonymous):
Principal - $1000 Rate of Interest - 6% pa Time - 4 years Interest - Principal*Rate of Interest*Time=$ 1000*0.06*4= $ 240 Amount- $ 1240
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