Seudónimo Seudónimo

25-09-2017
Mathematics

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Stephen lent his friend $100 at a simple annual interest rate of 6%. How much interest will Stephen earn at the end of 3 years?

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Аноним Аноним

25-09-2017

I'm pretty sure it's 18.. sorry if it's wrong

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heatherzimmerma heatherzimmerma

25-09-2017

$100*.06*3
1. multiply 100*.06=$6
2. then multiply $6*3=$18

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