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11 September, 07:43

At the end of 5 years, how much money would you have in total if you invested $600 and earned 4% simple interest?

a. $620

b. $624

c. $720

d. $740

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Answers (1)
  1. 11 September, 08:45
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    C. $720 because 4% of $600 is $24. $24 x 5 = 120
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