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17-03-2021
Mathematics

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Interest earned: $40, Principal: $400, Time: 2 years. Find the rate.

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bswolfer0808 bswolfer0808

17-03-2021

Answer:

840

Step-by-step explanation:

40+400×2=840

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levideats levideats

17-03-2021

5 percent per year

400/10=40

40/2=20

400/20=5

5 percent per year

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