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Ahmad deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 2 years?

Ahmad deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 2 years?
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Ahmad deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 2 years?

User Glenn Bech
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3 votes

Answer:

Step-by-step explanation:5512.50 dollars

User Jan Dolejsi
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