biancaraymond0531 biancaraymond0531
  • 24-12-2020
  • Mathematics
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You earn 3% each year on your initial investment amount of $2000. How much interest do you earn after 2 years?

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pyvonix
pyvonix pyvonix
  • 24-12-2020

Answer: You earn 6% interest on that the next year.

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rebeccaxtekle
rebeccaxtekle rebeccaxtekle
  • 24-12-2020
and 6% of 2000 is 120
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