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Nora invested 1500 in a bond at a simple interest rate of 3%. how much will the bond be worth in total after 10 years

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解答

Norainvested1500inabondatasimpleinterestrateof3%.howmuchwillthebondbeworthintotalafter10years

解答

Amount:1950
求解步骤
Translate the problem into an equation:A=1500(1+0.03⋅10)
1500(1+0.03⋅10)=1950
Amount:1950

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