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24 February, 17:35

Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.

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  1. 24 February, 17:41
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    SI = prt / 100

    SI = (1000 x 3 x 6) / 100

    SI = 180

    Amount = 1000 + 180 = 1180
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