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07-12-2020
Mathematics

contestada

Dale deposits $4000 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 5 years?

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amanzana671 amanzana671

08-12-2020

Answer:

$1200

Step-by-step explanation:

$4000 x .06 = $240 x 5 years = $1200

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