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Nicole deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 3 years?
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Nicole deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 3 years?

User Phate
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$750 is the interest amount that she would get from the 3 year term
User IBrianCox
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