fluffybunny655 fluffybunny655

02-11-2018
Mathematics

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Corey deposits $300 in a bank that pays 4% annual interest. How much interest does Corey earn in one year? What would the interest be if the rate were 6%?

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lucyderarepotato lucyderarepotato

02-11-2018

$300/100= $3 1%=$3 $3x4=$12 $300+$12=4%$312
$3x6=$18 $300+$18=$318

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