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Jane is investing in a simple interest account. She has $4000. The account pays 8.75% for a five year investment. How much interest would there be after 5 years?

Jane is investing in a simple interest account. She has $4000. The account pays 8.75% for a five year investment. How much interest would there be after 5 years?
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Jane is investing in a simple interest account. She has $4000. The account pays 8.75% for a five year investment. How much interest would there be after 5 years?

asked
User Abdelrahman Eid
by
8.2k points

1 Answer

6 votes
6084.24 or 2084.24 maybe …
answered
User Jiehfeng
by
8.0k points
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