hat is the total amount on deposit at the end of 6 years, what is the interset

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ZvpunrynBP

Mathematics

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A = P(1 + rt)

A=31000(1+0.08*6)

A= 45880

so total amount at the end of 6 years is $45880 now total interest earned is:

A-P= 45880-31000=14880

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