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Frank invested 15,000 at 3% simple interest. How much interest will he earn each year?

Frank invested 15,000 at 3% simple interest. How much interest will he earn each year?
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Frank invested 15,000 at 3% simple interest. How much interest will he earn each year?

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User Ranjeeta
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The interest earned each year will be 450.00 (15,000 X .03 = 450).

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User Samera
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