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Mathematics

1 answer:

MArishka [77]3 years ago

3 0

Answer:

I believe the answer is $1702.50.

Step-by-step explanation:

If you multiply 1500 by 4.5% (0.045 as a decimal) you will get 67.5 which is $67.5 interest for one year. For three years, you have too multiply 67.5 by 3 and you get $202.5. Finally, you add the total interest to the starting amount, $1500, which results in $1702.50.

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