msmalik2001 msmalik2001

07-05-2020
Business

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if you have $50 in savings for one year at an interst rate of 6 percent, how much would you earn at the end of the year

Respuesta :

07-05-2020

$53
6% of 50 is 3 therefore you add that to the initial 50 and considering it is only one year you add 50 + 3 to get the final answer of $53.

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