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Robin saved $500 at a yearly simple interest rate of 4%. What is the total amount of money she has after 20 years?

Robin saved $500 at a yearly simple interest rate of 4%. What is the total amount of money she has after 20 years?
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4 votes
Robin saved $500 at a yearly simple interest rate of 4%. What is the total amount of money she has after 20 years?

User Lalala
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1 Answer

4 votes
The total amount after would be 10,000$
User RJ Alten
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