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3 years ago

12

tamara invested 15000 in an account that pays 4% annual simple interest. Tamara will not make any additional desposits or withdr

awls. How much interest will Tamara earn on her investment at the end of 3 years?

1 answer:

Aloiza [94]3 years ago

7 0

You multiply 15,000 by 0.04 that gives you 600 per year. You need to multiply 600 by 3 to get the answer =1,800.

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