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3 years ago

11

9340.00 is invested into an account that earns 8 1/2% simple interest for 15 years. What is the interest earned and what is the

total in the account?

1 answer:

Margarita [4]3 years ago

8 0

9340.00dollars will be 1,200,190 dollars after 15 years over a respected 8.5% interest.

P(product)(1+r(rate)t(time)= gain

9340(1+8.5×15)

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