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Mathematics 19 Online
OpenStudy (anonymous):

amount after 5 years if $800 is invested at 3%

OpenStudy (anonymous):

to find the simple interest, \[SI=\frac{ P \times R \times T }{ 100 }\] SI=Simple Interest P=Principal ($800) R=Rate (3) T=Time (5)

OpenStudy (anonymous):

after you have found the simple interest, add it to the principal (original amount paid to the bank) to find the total money you would have at the end of 5 years..

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