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Nicole deposits $700 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 6 years?

Nicole deposits $700 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 6 years?
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Nicole deposits $700 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 6 years?

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User Sharique
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1 Answer

4 votes
$210 for 6 years but only $35 in one year
answered
User Cons
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