kenn1070 kenn1070

11-04-2024
Business

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William has $800 in a savings account that earns 10% interest per year. The interest is not compounded. How much will he have in total in 1 year?

Use the formula i= prt t, where i is the interest earned, p is the principal (starting amount), is the interest rate expressed as a decimal, and t is the time in years.

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