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1. Malik has $30,000 in a savings account that earns 8% annually.
The interest is not compounded. How much total money will he
have in 2 years after collecting the interest?
a. How much simple interest did Malik receive?
$
b. How much total money does Malik have after the 2 years?
$

Answer :

iqra345678

Step-by-step explanation:

I= prt

I= 30000×8%×2

I= 4800

total = 30000+4800

=34800

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