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OpenStudy (anonymous):
Use the simple interest formula, I = prt, to find the simple interest: Julia invested $4,000.00 in a mutual fund with the simple interest rate of 3.5% per year. How much interest would she earn after 2 years? A. $28 B. $280 C. $2,800 D. $28,000
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OpenStudy (espex):
They give you the formula and the values, this is a simply plug and chug.
OpenStudy (anonymous):
280?
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