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Amy deposits 6000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 6 years?

User ItsLydt
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1 Answer

13 votes
13 votes

Answer:

6720

Explanation:

6000 times .02= 120

120 times 6 = 720

720 + 6000 = 6720

User Rahul Gaur
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