lilyhunter86 lilyhunter86

26-01-2024
Mathematics

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Percy has$900 in a savings account.The interest rate is 5% per year and is not compounded.How much interest will he earn in 1 year?

Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

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