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OpenStudy (math_bender_15):
Sung deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the first 4 years?
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OpenStudy (anonymous):
first find how much is 2% of $400 (it's $8) 8*4=$32
OpenStudy (math_bender_15):
thank you
OpenStudy (anonymous):
no problem :)
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