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`PLZZ HELP FOR BRIANLIST ANSWER Jim deposits 500 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 5 years?

`PLZZ HELP FOR BRIANLIST ANSWER Jim deposits 500 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 5 years?
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1 vote
`PLZZ HELP FOR BRIANLIST ANSWER

Jim deposits 500 into an account that pays simple interest at a rate of 6%
per year. How much interest will he be paid in the first 5 years?

asked
User Tiwo
by
7.2k points

1 Answer

2 votes
Jim will be paid $150 or 30% to his account.
answered
User Leigh Shepperson
by
7.7k points
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