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Popular Word Problems >

How much interest does a 407 investment earn at 6%over 7 years?

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Solution

Howmuchinterestdoesa407investmentearnat6%over7years?

Solution

Interest:170.94
Solution steps
Translate the problem into an equation:I=407⋅0.06⋅7
Simplify I=407⋅0.06⋅7
Interest:170.94

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