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i need help on math plz
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go on plz
ok
it is simple Interest
proceed
?
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question??
Simple interest is really easy, all you need is your principal, rate and time.
ok
Principal is just another name for the amount of money you have.
Once you have those three you just principal*rate*time
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Juan deposited $200 in a savings account earning 3% interest over 2 years
200*3*2/100 = 12
this would be the simple interest.
We try to avoid direct answers @ribhu
what is the total amount of interest earned at the end of 2 years
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amount = principal+ interest
yes
next
is it $12
$120 or $240 or $12 or $24
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12. Youre right
ok the
i got a ?
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