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Free_Kalibri [48]

3 years ago

13

An investor puts $2,500 into a life insurance policy that pays 8.5% simple annual interest. If no additional investment is made

into the policy, how much accumulated interest should the investor expect at the end of 10 years?

1 answer:

KATRIN_1 [288]3 years ago

7 0

Answer:

$4,625

Step-by-step explanation:

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