1. You make a $10,000 investment that pays 12% simple interest per year. How much is
the investment worth at the end of 10 years?
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Answer:$22,000
Step-by-step explanation:SI=PRT/100
SI=$10,000×12×10/100
SI=$12,000
AMOUNT AT THE END OF 10 YEARS=SI+PRINCIPAL
=$12000+$10000
=22000
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