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| Math Central | Quandaries & Queries |
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Question from C., a parent: What is the annual interest on $17.3 trillion at a rate of 2.3%. Thank you |
Hi,
$2.3\%$ is $0.023$ and hence $2.3\%$ of $\$17.3$ trillion is $0.023 \times 17.3$ trillion dollars.
Penny
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