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You have $550 in a savings account that earns simple interest each year. How much will be in your account in 10 years? At a rate of 5 1/4%

You have $550 in a savings account that earns simple interest each year. How much will be in your account in 10 years? At a rate of 5 1/4%
asked 62.5k views
1 vote
You have $550 in a savings account that earns simple interest each year. How

much will be in your account in 10 years?
At a rate of 5 1/4%

asked
User Peeebeee
by
7.6k points

1 Answer

4 votes

Answer:

you will have $838.75

Explanation:

the interest will be 288.75

answered
User Ashwini Raman
by
8.9k points
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