You deposit $ 5 0 0 in a savings account paying 1 . 5 % simple interest.How

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Question:

You deposit $

500

in a savings account paying

1.5 %

simple interest.How much interest will you earn in

4

years?How much is in the account at the end of

4

years?

Related Book For answer-question

Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Mar 19, 2024 07:54 AM

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You deposit $ 5 0 0 in a savings account paying 1 . 5 % simple interest.How

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The interest earned can be calculated using the formula Interest Principal x Rate x ... View the full answer

Personal Finance

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