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Mrs. Brock is investing $15,000 in a savings account that earns 6% simple annual interest. How much interest will she earn after 5 years?

Mrs. Brock is investing $15,000 in a savings account that earns 6% simple annual interest. How much interest will she earn after 5 years?
asked 36.2k views
2 votes
Mrs. Brock is investing $15,000 in a savings account

that earns 6% simple annual interest. How much
interest will she earn after 5 years?

asked
User Haider Ali Anjum
by
7.3k points

1 Answer

2 votes
Mrs. Brock will earn $4,500 after 5 years
answered
User Wee Kiat
by
7.4k points
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