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12. Raul invests $6500 at a simple interest rate of 4%. How much will he earn after six years? Pleaseeee helpppp
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12. Raul invests $6500 at a simple interest rate of 4%. How much will he earn

after six years?
Pleaseeee helpppp

User WannaBeGeek
by
8.7k points

1 Answer

9 votes

Answer:

$1,560

Explanation:

Interest = Principal x Interest Rate x Time (in years)

I = 6500(.04)(6)

I = 1560

User Jla
by
8.5k points
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