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WILL NAME BRAINLY!!!! Mr. Ramos invests $500 at a simple interest rate of 6%. How much interest will he earn in one year?

Respuesta :

rachb435

Answer:

$30

Explanation:

In this example P = $500, I = 6% and t = 1 year, so

500*0.06*1=30 so Mr. Ramos will earn $30 in one year

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