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11-05-2020
Mathematics

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John is paid 5% commission on the value of photocopiers he sells. Last week he sold $24,000 worth of copiers. He decided to invest his last week's earnings in a savings bond that pays 5% simple interest annually. How much will the bond be worth in 4 years?

Respuesta :

1021745692 1021745692

11-05-2020

Answer:

5040

Step-by-step explanation:

24000-5%=1200

1200+5%=1260

1260x4=5040

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