Calculate the amount of money you'll have at the end of the indicated time period.
You invest $1000 in an account that pays simple interest of 2% for 30 years.
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Answer:1020$
Step-by-step explanation:
1000$ invested
2% simple interest means 1000*2%
1000*2/100=20$
So after 30 years total amount gained
= 1000+20=1020$
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