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Mathematics, 03.09.2020 21:01 britann4256

You invest $2000 in a bank account. Find the amount of simple interest you earn in two years for an annual interest rate of 5.5%. Use the formula for simple interest I = p ¡ r ¡ t, where I is the interest, p is the principal, r is the annual interest rate, and t is the time in years.

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