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Boris invests $280 for 2 years at a rate of 3% per year compound interest. Calculate the interest Boris receives at the end of the 2 years. Give your answer correct to 2 decimal places.

Respuesta :

Answer:

140

Step-by-step explanation:

280 divided by 2 + 140

Answer:

$8.46 is the interest 288.46 is the total

Step-by-step explanation:

use the compound interest formula and use that to get the exact answer including the decimal places

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