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  3. you invest $2000 in a bank account. find the amoun

You invest $2000 in a bank account. Find the amount of simple interest you earn...

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Basic Math

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You invest $2000 in a bank account. Find the amount of simple interest you earn in two years for an annual interest rate of 5.5%. Use the formula for simple interest /= p r t, where / is the interest, p is the principal, r is the annual interest rate, and t is the time in years.A. $22,000B. $2,200C. $220D. $22

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