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Sophia.13
 3 years ago
Find the total amount if you deposit $500 at a rate of 5% for two years using simple interest.
Year One     
_____________________________
Year Two     
Sophia.13
 3 years 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
 3 years 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.

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

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

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

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

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