gleetonio gleetonio

19-10-2020
Mathematics

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Mike invests $12,500 at 9% for a term of 12 years. What is the interest earned for his investment?

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mhlangatania04 mhlangatania04

19-10-2020

Answer:

$13.5

Step-by-step explanation:

l= P×R×T/100

I= 12,500×9×12/100

l= $13,5

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