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Joe invests $ 4 0 0 in a project run by his brother Ben. Ben promises that the investment will yield 5 . 0 %

Joe invests $

400

in a project run by his brother Ben. Ben promises that the investment will yield

5.0 %

simple interest over a

4 -

year investment period. How much interest will Joe earn onjthis investment if Ben keeps his promises?

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