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22 July, 13:05

LI

1. Mrs. Baxter deposits

$2,000 in an account that

earns 5% simple interest.

How much is Mrs. Baxter's

investment worth after 8

years? simple or compound

+5
Answers (1)
  1. 22 July, 14:32
    0
    simple i think?

    Explanation:

    im not sure but i think its simple interest because it says she earns 5% simple interest. just a guess though.
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