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Greg invests $500 in a savings account that earns 4% simple interest annually. If he does not make any additional deposits or withdrawals, how much money will be in the savings account after 5 years?
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Greg invests $500 in a savings account that earns 4% simple interest annually. If he does not make any additional deposits or withdrawals, how much money will be in the savings account after 5 years?

User Jojo Narte
by
5.2k points

1 Answer

1 vote

Answer: 100

Step-by-step explanation: because I just got a 10/10

User Rodolph
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