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Amy deposits $100 into an account that earns simple interest at an annual rate of 6.5%. How much interest will she earn after 4 years

Amy deposits $100 into an account that earns simple interest at an annual rate of 6.5%. How much interest will she earn after 4 years
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Amy deposits $100 into an account that earns simple interest at an annual rate of 6.5%. How much interest will she earn after 4 years

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User Nebyan
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8.2k points

1 Answer

2 votes

the insterrest will be $650 after 4 years

answered
User Gcali
by
8.4k points
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