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14-03-2022
Mathematics

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Peter plans to invest $2000 for 4 years. The 4 bank offers an interest rate of 6% using simple interest. How much will the he have in the account after 4 years?

Peter plans to invest 2000 for 4 years The 4 bank offers an interest rate of 6 using simple interest How much will the he have in the account after 4 years class=

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15-03-2022

Answer:

2480

Step-by-step explanation:

si=p.t.r/100

200*4*6/100=480

total in four years=si+2000

480+2000=2480

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