dustinallen404 dustinallen404
  • 19-01-2021
  • Mathematics
contestada

1. Josh bought a CD (Certificate of Deposit) for $4000 at a rate of 4% for 3 years.
How much simple interest did he earn?

Respuesta :

bexwhite2610
bexwhite2610 bexwhite2610
  • 19-01-2021

Answer:

4000/100 X 4 = 160

160 X 3 = 480

$480 interest

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