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OpenStudy (anonymous):
Ruiz invests $550 at a simple interest rate of 4%. How much interest will he earn after 5 years? (Points : 4) $11 $110 $1100 $11,000
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OpenStudy (anonymous):
You use the formula I=Prt 550(0.04)(5) multiple that to get your answer! :)
OpenStudy (anonymous):
b
OpenStudy (anonymous):
So the answer is $110
OpenStudy (anonymous):
Yup!
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