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2 years ago

9

Ivanna deposits $600 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in t

he first years?

1 answer:

nexus9112 [7]2 years ago

4 0

Answer:

Year 1: 636 (+$36)

Year 2: 674.16 (+$38.16)

Year 3: 714.61 (+$40.45)

Year 4: 757.49 (+$42.88)

Year 5: 802.94 (+$45.45)

Step-by-step explanation:

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3 years ago

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Step-by-step explanation:

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2 years ago

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2 years ago