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16 February, 23:38

Li invests money in a savings account. She wants to know the amount of simple interest that she will earn in 6 years at 3.75 percent. What additional information does she need to find this amount?

principal

amount of time

interest rate

the type of account

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Answers (2)
  1. 16 February, 23:48
    0
    To find it you need to find the principle
  2. 16 February, 23:56
    0
    You would need to know the principal in order to find this amount.
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