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2 years ago

12

A bank account earns 6% simple interes per year if you deposit 1,000 and then do not make any additional deposits or withdrawals

what will the balance on the account be after 5 years. Round your answer to the nearest dollar

1 answer:

Ilia_Sergeevich [38]2 years ago

8 0

Step-by-step explanation:

A= 1000(1+6/100x5)=1300 then 1000-1300=-300

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