SOLUTION: if $25,000 is invested at 3% simple interest for 2 years, how much interest is earned?

SOLUTION: if $25,000 is invested at 3% simple interest for 2 years, how much interest is earned?

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Question 387367: if $25,000 is invested at 3% simple interest for 2 years, how much interest is earned?
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
25000 * .03 * 2
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