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Debra deposits $4000 into an account that pays simple interest at a rate of 4% per year. How much interest will she be paid in the first 5 years?
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Debra deposits $4000 into an account that pays simple interest at a rate of 4% per year. How much interest will she be paid in the first 5 years?

User Digikata
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1 Answer

2 votes
You will be paid $800 in interest.
User Chanpkr
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