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An investor puts $4,500 into a life insurance policy that pays 6% simple annual interest. if no additional investment is made into the policy, how much accumulated interest should the investor expect at the end of 15 years?

A) $4,050

B) $40,500

C) $4,500

D) $405,00

User Didito
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1 Answer

2 votes
I think the answer A
User Malcolm Rowe
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