SOLUTION: What would be the yearly earnings for a person with 20000 in savings at an annual interest rate of 23.2%

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Question 1013472: What would be the yearly earnings for a person with 20000 in savings at an annual interest rate of 23.2%
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
Simple interest is found by
I = prt = (20000)(.232)(1) = $4640