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Emily deposits $14,500 each year into a retirement account with a 7% simple interest rate. If she deposits the same amount each year, how much money will she have at the end of h…

Emily deposits $14,500 each year into a retirement account with a 7% simple interest rate. If she deposits the same amount each year, how much money will she have at the end of h…
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Emily deposits $14,500 each year into a retirement account with a 7% simple interest rate. If she deposits the same amount each year, how much money will she have at the end of her fourth year?

User DexBG
by
7.3k points

1 Answer

2 votes
$1400 because its 14k so it stay the same
User GoldPseudo
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8.2k points
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