SOLUTION: Susan invests bout 45000 at a simple interest rate of 6% per year. Two years later she invests a further 20 000 at the same interest rate. Determine the total amount that Susan wil
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-> SOLUTION: Susan invests bout 45000 at a simple interest rate of 6% per year. Two years later she invests a further 20 000 at the same interest rate. Determine the total amount that Susan wil
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Question 1075391: Susan invests bout 45000 at a simple interest rate of 6% per year. Two years later she invests a further 20 000 at the same interest rate. Determine the total amount that Susan will have after another three years. Answer by jorel1380(3719) (Show Source):
You can put this solution on YOUR website! 45000 x .06(2)=5400
45000+5400=50400
70400 x .06(3)=12672
70400+12672=$83072 as the total amount Susan will have. ☺☺☺☺
