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22 October, 09:45

how much interest will be earned in one year if $100 is placed in an account that earns 3% simple annual interest?

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  1. 22 October, 09:51
    0
    You will have $103, or you will earn $3 worth of interest in one year
  2. 22 October, 10:06
    0
    The earned amount is $3

    You now have $103
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