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malfutka [58]
3 years ago
7

PLEASE HELP

Mathematics
1 answer:
Sergio [31]3 years ago
3 0

Answer:

$506.25

Explanation:

assuming it is simple interest,

$1500 × 6.75% = $101.25 (interest earned each year)

$101.25 × 5 = <u>$506.25</u> (interest earned in 5 years)

i hope this helps, feel free to comment if you need to clarify anything!

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