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What is the interest of 45 at 2 percent for 5 years?

Updated: 10/17/2024

Wiki User

∙ 12y ago

Best Answer

The total amount is 45*(1.02)5 = 49.68 approx

So the interest is 49.68 - 45 = 4.68 approx.

Wiki User

∙ 12y ago

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