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Kardo deposited Php 6,500 in a simple interest account that pays 2.8% interest annually. If Ben leaves the money in the account for 12 years, how much interest will he earn?

Sagot :

Step-by-step explanation:

6,500 PESOS × 12 YEARS = 78,000 PESOS

2.8 PERCENT OF 78,000 PESOS IS 2,184 PESOS

KARDO HE WILL EARN 2,184 PESOS FOR 12 YEARS