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Mrs. Soto invested in a certificate of deposit that pays 8% interest. Her investment was $325. How much interest will she receive in 1 year
If the interest is yearly she will have 351$ / she made 26 dollars in interest.
Step-by-step explanation:
Answer 1.
We multiply 325 times .08 which is equal to 8%, that gives us 26 and from there we add 325 which equals 351$ (if you want to make is simpler multiply by 1.08 eliminating the need to add the original sum again).
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