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02-04-2021
Mathematics

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what is the simple intrest on $160 invested at 7% per year for three years

Respuesta :

02-04-2021

Answer:

130.6 apporexiatly

Step-by-step explanation:

t years, s simple interest, r rate.

.

s(r/100+1)^t

.

x(1.07)^3 = 160

.

x = 130.6

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