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How much interest is earned in one year by an account containing $15,000 if it earns 6% simple interest?

How much interest is earned in one year by an account containing $15,000 if it earns 6% simple interest?
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How much interest is earned in one year by an account containing $15,000 if it earns 6% simple interest?

User Paarandika
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1 Answer

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$15000x0.06 = $900 Simple Interest
User Kuf
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