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02-03-2019
Mathematics

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Holly opened a savings account at a local bank. She deposited $1,400.00 into the account 8 years ago. If the account earns an annual simple interest rate of 4.7%, how much interest has she earned?

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duhitzme345 duhitzme345

02-03-2019

The answer is $526.40

I= P×R×T

I= 1400×.047×8

I=$526.40

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