kaurdamanjot33 kaurdamanjot33

21-04-2021
Mathematics

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Calculate the amount of interest earned on a $2,000 investment made for 2 years at 3% p.a..

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Bestuser82 Bestuser82

21-04-2021

PxRxT
=$2,000 x 3% (0.03)
=$60 x 2 years
=$120
The answer is $120

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