Roscoe invested $140. She earned a simple interest of 3% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Roscoe received at the end of two years?

Intermediate Algebra
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ISBN:9780998625720
Author:Lynn Marecek
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Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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1.Roscoe invested $140. She earned a simple interest of 3% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Roscoe received at the end of two years? 

 

2.Anthony deposited $ 4,264 dollar in his savings account that earned a simple interest that changed from year to year. 

  • The second year his account balance was $4,520. 
  • The third year his account balance was $ 4, 882.

 

What was the percent of interest in year 1 and year 2?

i need to show work for this one 2

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