iiamkashh
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Edward deposited $6,000 into a savings account 5 years ago. The simple interest rate is 3%. How much money did Edward earn in interest?

Respuesta :

Answer:

$900

Step-by-step explanation:

3% of 6,000 is 180

so, he earns $180 per annum

5 YEARS LATER

he has been earning $180 every year, so,

180+  180+ 180+ 180+ 180, or 180*5

$900

Hope this helps!

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