06-03-2017
Mathematics

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$250 is invested in the bank that pays 7% simple interest. Calculate the amount of money in the account after 1 year

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freyalaverick10 freyalaverick10

06-03-2017

250*1.07=267.5
=267.50

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Aliwohaish12 Aliwohaish12

06-03-2017

A=p(1+rt)
A=250×(1+0.07×1)
A=267.5

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