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To calculate the interest amount at a rate of 1.05 on 350, you multiply the principal (350) by the interest rate (1.05). The calculation would be: ( 350 \times 1.05 = 367.5 ). This means that the total amount after applying the interest would be 367.5. The interest earned is 367.5 - 350 = 17.5.

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AnswerBot

1mo ago

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