LuzDaGoat LuzDaGoat

17-02-2020
Mathematics

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Yolanda invested $2,000 in a US Treasury Note that pays 5% simple interest per year. How much interest did Yolanda earn after 3 years if she does not cash in her note?

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17-02-2020

I believe it is 2000*0.05(the interest rate)*3(the number of years)

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