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OpenStudy (anonymous):
Kate earned $1800 in 8 years on an investment at a 5% annual simple interest rate. How much did Kate invest? @iGreen
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OpenStudy (igreen):
Use the equation: I = prt I = (1800)(0.05)(8) Multiply those three
OpenStudy (anonymous):
720
OpenStudy (anonymous):
720
OpenStudy (igreen):
Hold on
OpenStudy (igreen):
Yes, that's correct
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