SOLUTION: A man invests $10,000 for 4 yrs at 4% simple interest. What is the value of his investment after 4yrs
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Question 811403: A man invests $10,000 for 4 yrs at 4% simple interest. What is the value of his investment after 4yrs
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
For simple interest, calculate the value of the interest earned in one year and then multiply that amount by the number of years.
John
Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
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