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 one year ago
Find the total amount if you deposit $500 at a rate of 5% for two years using simple interest.
Year One     
_____________________________
Year Two     
 one year ago
Find the total amount if you deposit $500 at a rate of 5% for two years using simple interest. Year One      _____________________________ Year Two     

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Mertsj
 one year ago
Best ResponseYou've already chosen the best response.0First find the interest for 2 years by using the formula interest = principal times rate times time.

Sophia.13
 one year ago
Best ResponseYou've already chosen the best response.2Thats $551.25 right?

Mertsj
 one year ago
Best ResponseYou've already chosen the best response.0What is 500 times .05 times 2?

youarestupid
 one year ago
Best ResponseYou've already chosen the best response.1yes that is correct

youarestupid
 one year ago
Best ResponseYou've already chosen the best response.1I checked with my teacher because I am in a hurry

Sophia.13
 one year ago
Best ResponseYou've already chosen the best response.2oh ok. thanks, but i dont know what to put in the table :

Mertsj
 one year ago
Best ResponseYou've already chosen the best response.0The amount after each quarter I suppose.
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