SOLUTION: a) If Bill had $1000 to invested it for 3 years, earning 5% simple interest. How much would he have at the end of one year

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Question 877149: a) If Bill had $1000 to invested it for 3 years, earning 5% simple interest. How much would he have at the end of one year
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1000*0.05=50 interest one yr
1050 total for one yr