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Answered

A P1000 bond earns 6% simple annual interest. What is

the interest earned after 4 years?A P1000 bond earns 6% simple annual interest. What is

the interest earned after 4 years?

Sagot :

CAMEHERETOCHECK09IN CAMEHERETOCHECK09IN

Answer:

P1240

Step-by-step explanation:

6% per year

4 years = 24%

1000×0.24 =240

total = P1240

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