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22 August, 09:35

Katherine invested $140. She earned a simple interest rate of 4% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Katherine received at the end of two years?

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  1. 22 August, 09:50
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    To find the answer take 140 times. 4. Once multiplied, add a decimal in front of the number closest to the right.
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