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3 years ago

9

Tamara invested $15,000 in an account that pays 4% annual simple interest. Tamara will not make any additional deposits or withd

rawals. How much interest will Tamara earn on her investment at the end of 3 years?
A $1,800
B $600
C $450
D $1,873

1 answer:

STALIN [3.7K]3 years ago

5 0

In 3 years she will earn 1,800.

15,000 x .12=1,800

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