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25 July, 14:27

Jose deposits $8000 into an account that pays simple interest at a rate of 4% per year. How much interest will he be paid in the first six years?

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  1. 25 July, 16:27
    0
    The amount of interest that he will pay is 1,920.
  2. 25 July, 17:53
    0
    The answer is 1920. glad to assist you
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