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Mathematics, 15.10.2020 03:01 Jazmineboo7709
Question
A bank account earns 6% simple interest per year. If I deposit $1,000 and then do not make any additional deposits or
withdrawals, what will the balance on the account be after 5 years? Give your answer in dollars to the nearest dollar. Do not
include the dollar symbol in your answer.
Provide your answer below:
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Answers: 1
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