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Mathematics

Answered

Greg deposits $500 into an account that pays simple interest at a rate of % 3 per year. How much interest will he be paid in the first 6 years?

Answer :

Jimthompson5910go Jimthompson5910go

Answer: 90 dollars

Work Shown:

i = p*r*t

i = 500*0.03*6

i = 90

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