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16 February, 20:28

Interest compounded 8 percent of $3000. what is amount in year.

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  1. 16 February, 20:46
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    If you would like to solve 8 percent of $3000, you can do this using the following steps:

    8 percent of $3000 = 8% * $3000 = 8/100 * 3000 = 8 * 30 = $240

    The correct result would be $240.
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