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17-12-2021
Mathematics

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If $400 Is The Principle and is paid for 2 years at 4% how much is the compound interest

Respuesta :

currentsituation2009 currentsituation2009

17-12-2021

Answer:

=$32

Step-by-step explanation:

Principal Amount=$400

Rate=4%

Time=2 Years

Interest=?

=RPT/100

=4x400x2/100

=$32

....................................................................

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