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Answered

Jen deposits $9,500 into a bank account that pays her 4.5% simple interest for 5 years. How much interest will she earn over 5 years?

Answer :

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Answer:

9927.5$

Step-by-step explanation:

4.5% 0f 9500 is 427.5$ which is growing in 5 years.

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9927.50$

Multiple 9500 by 0.045 you will get 572.5 which you subtract from 9500

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